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Hong Kong Railway Corporation rises 5.3% preliminary of HSBC Holdings

Source: Internet
Author: User
Keywords HONG Kong dollar developer
Tags business business development continue developed developer developers development economic
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The Hong Kong Railway Corporation (00066-HK) rose 5.3% in a half-day, to HK $22.85 and a deal of HK $150 million, which won the big city and the index rose 4.71%. HSBC preliminary the shares with a target price of HK $25.13. The line means that even during the economic downturn, it is expected that the MTR local railway business will also continue to grow, with another 2.9 million square metres of gross floor area in Hong Kong to be developed, and with limited land supply, the MTR can strive for a better profit ratio for the co-operative developers, and in addition to its business development in China and overseas, Also helps diversify their income.

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