Market News

According to a report released by Lyon, supported by profits from property development, 00066.HK made a basic profit of 7.1 billion yuan in the first half of the year, while its continued profit performance was weak. However, the bank believes that the revenue momentum of the Group's continuing business in Hong Kong is on the rise, mainly due to the gradual return to normal local economic activity. The bank raised its basic profit forecast for MTR this year by 49%, reflecting the adjustment of the expected profit entry time, lowered the target price of shares from 50 yuan to 49 yuan, and maintained the rating of "buy".