Market Performance: The Hang Seng Index (HSI) rose by 118 points (0.5%) to 26,013, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also saw gains of 28 points (0.5%) and 45 points (0.5%) respectively.
Active Heavyweights: Meituan experienced a significant increase of 5.9% to close at $104, while Alibaba and Tencent saw declines of 1.1% and 0.5%, closing at $156 and $622 respectively.
Notable Movers: Chow Tai Fook's stock dropped sharply by 7.4% to $14.11, while ZTO Express and Shenzhou International gained 4.1% and 3.8%, closing at $161.9 and $69.7 respectively.
Short Selling Insights: The short selling ratios for major stocks varied, with Chow Tai Fook at 43.5% and Ping An at 27.1%, indicating varying levels of investor sentiment and market activity.
Wall Street analysts forecast 00066 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00066 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00066 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00066 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 32.820
Low
Averages
High
Current: 32.820
Low
Averages
High
CLSA
CLSA
Outperform
to
Hold
downgrade
$30 -> $27
2025-08-21
Reason
CLSA
CLSA
Price Target
$30 -> $27
AI Analysis
2025-08-21
downgrade
Outperform
to
Hold
Reason
The analyst rating for MTR Corporation was downgraded from Outperform to Hold due to several factors highlighted in the CLSA research report. The reasons include:
1. Flagging Recurring Profit Growth: The company's recurring profit growth is struggling, which is attributed to potential expenditure growth that could negatively impact profits.
2. Sluggish Revenue: MTR Corporation's revenue remains sluggish, further contributing to concerns about its financial performance.
3. Lowered Profit Forecasts: CLSA has significantly reduced its recurring profit forecasts for 2025-26 by 28% and 33%, indicating a more pessimistic outlook for the company's earnings.
4. Unattractive Risk-Reward Profile: The analyst does not find the risk-reward profile of MTR Corporation attractive, especially considering its dividend yield of 4.8% per annum.
5. Potential for Additional Financing: There is a possibility of convertible bond issuance or stock issuance, which could further dilute existing shareholders' value.
As a result of these factors, CLSA has cut the target price for MTR Corporation from HKD 30 to HKD 27.
DBS Group Research
DBS Group Research
maintain
2025-08-18
Reason
DBS Group Research
DBS Group Research
Price Target
2025-08-18
maintain
Reason
Huatai Securities
Huatai Securities
Overweight -> Sell
downgrade
2025-08-18
Reason
Huatai Securities
Huatai Securities
Price Target
2025-08-18
downgrade
Overweight -> Sell
Reason
Citi
Hold
downgrade
$27
2025-08-15
Reason
Citi
Price Target
$27
2025-08-15
downgrade
Hold
Reason
The analyst rating for MTR Corporation is influenced by several factors. HSBC Global Research noted that while the company's 1H25 results showed decent earnings growth, the weaker profit margin in its transportation business was a significant disappointment. Additionally, there are concerns about the risk of increased capital expenditure due to several new railway projects, which could exert downside pressure on the stock price. As a result, HSBC Global Research has a cautious outlook on the stock. Meanwhile, Citi has maintained a Hold rating but slightly reduced its target price, reflecting a similar cautious stance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
