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Hong Kong Immigration Department: Approximately 11 million visitors are expected to enter and leave Hong Kong during the Easter and Ching Ming holidays
The Zhitong Finance App learned that the Hong Kong Immigration Department estimates that during the Easter and Ching Ming Festival holidays this year (that is, March 28 to April 7), about 11 million people (including Hong Kong residents and visitors) are expected to enter and leave Hong Kong through various sea, land and air control points. After negotiations between the Hong Kong Immigration Department and the Mainland's Shenzhen Border Control Terminal and other departments, it is estimated that about 9.5 million people will enter and leave Hong Kong through various land border control points. Among them, the Lo Wu, Lok Ma Chau branch lines and the Hong Kong-Zhuhai-Macao Bridge will be very busy. The daily average of Lo Wu Control Point, Lok Ma Chau Branch Line Control Point and Hong Kong-Zhuhai-Macao Bridge Control Point is about 207,000, 169,000 and 143,000 respectively
MTR CORP To Go Ex-Dividend On May 23rd, 2024 With 0.34136 USD Dividend Per Share
March 23rd - $MTR CORP(MTCPY.US)$ is trading ex-dividend on May 23rd, 2024. Shareholders of record on May 24th, 2024 will receive 0.34136 USD dividend per share on July 31st, 2024. The ex-dividend
MTR (HKG:66) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
Bank Rating | DBS: Lowering MTR Target Price to HK$34.7 to Maintain “Buy” Rating
According to a report published by DBS, the MTR's core profit last year was in line with the bank's expectations. The steady recovery of business after the pandemic, and improvements in transportation, in-station commerce and shopping mall operations will drive continued profit growth. The expansion of the railway network has brought opportunities for MTR property development. After the government relaxes property market measures, it will benefit from an improvement in the housing market atmosphere. The bank believes that local property prices play a more important role in MTR's future profit prospects and stock price performance. The current price is equivalent to a 40% net asset value discount per share, which is an attractive level from a historical level. The target price was lowered from HK$36.2 to HK$34.7.
MTR Corporation (00066): Starting this Friday, the Guangzhou-Shenzhen-Hong Kong High Speed Rail will increase the number of flights between West Kowloon and Futian Station for 3 consecutive weeks
As Easter approaches, the Guangzhou-Shenzhen-Hong Kong High Speed Rail increased the number of flights between West Kowloon and Futian Station for 3 consecutive weeks.
Goldman Sachs: Target price for “buy” ratings raised to HK$32.7 for MTR companies
Goldman Sachs released a research report stating that it gave the MTR Corporation (00066) a “buy” rating and revised the 2024-2026 core earnings forecast for 2024-2026 according to the latest business trends and property development accounting schedule. The target price was raised from HK$32.3 to HK$32.7. The bank anticipates that the MTR Corporation's recurring profit will increase from $5.3 billion in 2023 to $8.6 billion and $9.8 billion in 2024 and 2025, respectively. Revenue for 2024 and 2025 is expected to reach $58.1 billion and $60.2 billion respectively, with dividends of $1.35 and $1.39 per share, respectively. According to the report,
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