The Zhitong Finance App learned that Macquarie released a research report covering China's Hongqiao (01378.HK) for the first time, giving it a “outperforming market” rating. The 12-month target price was HK$29, which implied an upward margin of about 37.7% compared to the closing price of HK$21.06 on September 29. The 12-month total return (TSR) after the dividend was included is about 49.1%.

The Zhitong Finance App learned that Macquarie released a research report covering China's Hongqiao (01378.HK) for the first time, giving it a “outperforming market” rating. The 12-month target price was HK$29, which implied an upward margin of about 37.7% compared to the closing price of HK$21.06 on September 29. The 12-month total return (TSR) after the dividend was included is about 49.1%.