＜Research＞M Stanley Lifts PETROCHINA TP to $8.94, Rating Overweight

　　China's 10-year treasury national bond yield fell to about 2.3%, leading to a shift in investors' preference to high-yield stocks, with capital inflowing into PETROCHINA (00857.HK) +0.040 (+0.468%) Short selling $288.03M; Ratio 28.466% , Morgan Stanley released a research report saying.

　　Considering that the current dividend yield of PETROCHINA's A-shares (601857.SH) -0.160 (-1.504%) reached 6.3%, Morgan Stanley expected that there is still room for revaluation, and lifted its target price on PETROCHINA's H-shares from $7.8 to $8.94, with rating at Overweight.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-04 16:25.) (A Shares quote is delayed for at least 15 mins.)

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