UBS kept the target price for HK Electric (02638) at HKD6 and downgraded the rating to "neutral" from "buy".
The research house said it expects HK Electric to underperform the broader market as the US enters a rate-cutting cycle.
【你點睇?】李家超稱現無法律針對濫用輸入勞工的僱主,若用其他方法或「殺錯良民」,你是否認同?► 立即了解