[ET Net News Agency, 13 January 2025] HSBC Global Research lowered the target price for MTR Corporation (00066) to HKD27 from HKD34.6 and downgraded the rating to "hold" from "buy".
The research house said whilerecurring business continues to improve, it sees the risk of a rising capex cycle dragging down profitability. (rc)
The research house said whilerecurring business continues to improve, it sees the risk of a rising capex cycle dragging down profitability. (rc)