The stock price of Zhongxu Mirai (09890) has continued to rebound recently, and the cumulative increase from February 7 to now is close to 200%. The stock rose more than 8% in early trading today. As of press release, it had risen 4.88% to HK$43, with a turnover of HK$124.22 million.
The Zhitong Finance App learned that the stock price of Zhongxu Mirai (09890) has continued to rebound recently, and the cumulative increase from February 7 to now is close to 200%. The stock rose more than 8% in early trading today. As of press release, it had risen 4.88% to HK$43, with a turnover of HK$124.22 million.
According to the news, Hang Seng Index Limited recently announced the results of the Hang Seng Index series quarterly review for the year ended 31 December 2023. Among them, Zhongxu will be included in a total of 19 indices in the future, including the Hang Seng Composite Index, etc. The relevant changes will take effect on March 4, 2024.
Anxin International released a research report saying that the first “neutral” rating was given to Zhongxu. The current stock price reflects market expectations well. It is expected that the incremental business will exceed expectations. Continued attention is recommended. The target price is HK$34.5. The bank indicated that the company will become the Hong Kong Stock Exchange Standard and will take effect on March 4. Inclusion in the Index and Hong Kong Stock Connect can also increase the company's attention and liquidity.