Hutchison Whampoa now drops 0.18% on UBS's bid to see HK $63

Hutchison Whampoa (00013-HK) has fallen 0.18% to HK $56.25, trading at HK $203 million, which is now winning the big city, with the index falling 1.37%. UBS maintained its buying rating and also lowered its target price from HK $53 to HK $63, before UBS took into account the company's 01038-HK and its subsidiary, Hess Energy (HSE). T) The reasonable value of Hutchison is now expected to be adjusted to HK $38.5 billion.　　The new target price is equivalent to 13-15 times the forward value of the Hutchison Port business compared to the EBIT, 10 times times before. The bank also expects the value of the shares to be narrowed from the current 26% discount to its net asset value, as UBS believes profits from operations outside the yellow 3G will rebound. Added that Hutchison could peel off Hess's energy, which could help provide financing options for Liwan exploration projects.