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<Research>Citi: Guoxin's Subscription to CSI Guoxin HK Stock Connect SOE Dividend ETFs Boosts Valuation
Recommend 23 Positive 41 Negative 16 |
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Citi Research, in its report, mentioned about Guoxin Investment's subscription to the CSI Guoxin Hong Kong Stock Connect SOE Dividend ETFs. Although the amount of money is not yet known, it could boost the valuation of Central SOEs in Hong Kong's capital market. Among the indexes covered by the broker, it was bullish on CHINA STATE CON (03311.HK), CHINA RAILWAY (00390.HK), CHINA RAIL CONS (01186.HK) and CHINA COMM CONS (01800.HK) for infrastructure sector; and CRRC (01766.HK) and CHINA CRSC (03969.HK) for railroad equipment sector. CSCI is the only SOE-listed constructor in the index without exposure to traditional public-private-partnership (PPP) project. AAStocks Financial News |
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