Shanghai industry rises 1% Morgan Stanley holds growth prospects and valuations attract

Shanghai Industrial Holdings Rose 1.27% to HK $32 this morning, trading 964600 shares.　　The Morgan Stanley report said the initial rating given to the unit was a target price of HK $36.2, a 13% per cent premium to the market. Morgan Stanley pointed out that Shanghai industrial 09-10, the lower debt level of 20% to 25% to enable it to carry out real estate, infrastructure sector acquisitions, to promote growth. It is expected to announce the acquisition of new projects, which will boost share prices, will also be available through its parent company will receive more real estate projects, and the company's valuation looks attractive, real estate improvement and balance sheet good will support the performance of the unit.