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<Research Report>M Stanley's Top-down Screening for H-Shrs Most Benefitted from SOE Reforms (Table)
Recommend 75 Positive 147 Negative 89 |
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Morgan Stanley has released a report to shortlist the H-shares most benefitted from SOE reforms under the broker's top-down criteria as follows: Shares|Projected EPS growth 2023|Projected EPS growth 2024 CHINA TELECOM (00728.HK)|12%|11% PETROCHINA (00857.HK)|-3%|8% CNOOC (00883.HK)|-19%|3% CHINA RAILWAY (00390.HK)|14%|11% CHINA RAIL CONS (01186.HK)|16%|16% ZIJIN MINING (02899.HK)|27%|9% CONCH CEMENT (00914.HK)|10%|-6% JIANGXI COPPER (00358.HK)|9%|2% CNBM (03323.HK)|-3%|15% CHINA OVERSEAS (00688.HK)|6%|9% CHINA OVS PPT (02669.HK)|30%|29% POLY PPT SER (06049.HK)|22%|22% The following SOEs still meet the top-down stock screening criteria, but are relatively less relevant to the SOE reform: Shares|Projected EPS growth 2023|Projected EPS growth 2024 NEXTEER (01316.HK)|190%|13% CHINA RES BEER (00291.HK)|24%|24% MENGNIU DAIRY (02319.HK)|14%|14% CHINA FOODS (00506.HK)|11%|12% SH PHARMA (02607.HK)|25%|4% CHINARES PHARMA (03320.HK)|21%|10% TONGRENTANGCM (03613.HK)|15%|10% LENOVO GROUP (00992.HK)|-21%|-5% AAStocks Financial News |
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