Raising FVE to HKD 6.80 on Improving Profit Outlook Driven by Deepening Railway Reform.
We remain upbeat on China’s railway reform, with recent government actions indicating more comprehensive policies in 2018. We expect concrete actions to be taken over the next 12-24 months, including a one-off 25% tariff hike on conventional passenger lines, further progress in railway land development and utilization, and railway asset securitization and further deregulation. We expect these will boost Guangshen’s profitability and returns over the next five years, and we forecast the company’s...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.