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<Research>M Stanley Lists Preference Order for HK-Listed CN Brokers (Table)
Recommend
21
Positive
38
Negative
13
Morgan Stanley has released its outlook report for the Chinese financial industry this year, in which it laid out its preference order for Hong Kong-listed Chinese brokers. The degree of preference was ranked by stock order:

CICC (03908.HK)│Overweight│HKD28.9
CITIC SEC (06030.HK)│Equalweight│HKD31.4
GF SEC (01776.HK)│Equalweight│HKD18.4
HTSC (06886.HK)│Equalweight│HKD20.1
CGS (06881.HK)│Equalweight│HKD10.1
CMSC (06099.HK)│Underweight│HKD12.7

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