2. Bank of America to maintain Merrill Lynch to build a
long buy
Cheung Kong Commercial infrastructure (1038.HK) to HK
buck 46.15 per share variety of test plate the lower limit
in the first up placing 50 million shares, the failure to
implement the excess placement, showing poor result.
3. Bank of America Merrill Lynch estimates the fact that
placement can instantly make the online debt ratio of long
to develop, from 6.7% all things considered of June, down
3%, 2012-14 total annual earnings per share diluted
simply by 2%, 1% and 1%, is bound.
4. Bank of America Merrill Lynch join CKI price valuation yet
attractive with M & A NEW prospects, and therefore
maintain our BUY, target rate slightly reduced to HK usd
53.