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Construction Bank fell 1.6% but great blessing and hope 5.8 yuan

Source: Internet
Author: User
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The construction Bank's H shares have fallen 1.56% to HK $5.04 and traded 147 million shares this morning.　　The big-Fortune Securities issued a report that gave the unit a buy rating, and in view of the increase in CCB's earnings forecasts, the latest target price of HK $5.8, the equivalent of 2010 per share value of 2.1 times times, than the market premium of 15%. In China, the bank has a relatively cheap valuation and a return on equity of more than 19% per cent, so bullish on the stock. At the same time, the assets and business growth of the unit is still buoyant, and the reduction of Bank of America dispelled market worries.

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