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China shares up 0.29% Citigroup reiterates sales of HK $50

Source: Internet
Author: User
Keywords Hong Kong Dollar Citi
Tags business company index operations
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China Electric Holdings (00002-HK) rose 0.29% a half-day, a 51.95 Hong Kong dollar, a deal of HK $103 million, which won the big city in early trading, and the index fell 1.97%. Citi reiterated the sale rating of the unit at a target price of HK $50. The bank pointed out that the company lacked incentives to stimulate share prices in the second half of the year, and that the growth momentum for its overseas operations would be offset by a setback in Hong Kong's business, with a 13 times-fold and a 4.8 per cent rate on the current forecast, which would be less attractive than its historical average of 13.4 times and

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