Credit Suisse released this year's China Financial sector Outlook report. With the CSI 300 Index expected to rise by 21% this year, it is believed that the Chinese brokerage industry is well positioned to take advantage of the market trend and outperform the market. It is believed that now is the time to absorb brokerage stocks during the market recovery. In response to the update of the forecast model, Credit Suisse adjusted its earnings per share forecast for Citic from 2022 to 2024, ranging from a 1% reduction to an increase of 3%. The target price of H shares rose to HK $20.3, and its rating maintained to outperform the market.
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瑞士信贷:将中信证券目标价由18.8港元升至20.3港元 评级跑赢大市
Credit Suisse: raise CITIC's target price from HK $18.80 to HK $20.30 to outperform the market
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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