Credit Lyonnais downgrades profit outlook of Hang Seng Bank by 1.5%

As the loan of  Hang Seng Bank (0011) was slowing down and operation expense was rising up, Credit Lyonnais has already downgraded the profit outlook of the year by 1.5% to HK$5.28 each. Target price also was downgraded from HK$102 to HK$98. But the 12-month investment rating still was sustained at ˇ§leading the marketˇ¨.

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