[ET Net News Agency, 28 February 2025] Morgan Stanley raised the target price for CICC
(03908) to HKD21 from HKD12.8 and upgraded the rating to "overweight" from "equal-weight".
The research house said lower-than-peers forward P/B at 0.66x offers attractive
risk-reward for its larger-than-peers potential to benefit from HK market recovery. (rc)