As part of CICC’s ongoing efforts to provide you, our valued clients, with stock rating recommendations based on best practices in the global capital markets, effective immediately we are implementing a new stock rating framework for our research products. This new framework is based on relative returns and it will entirely replace our previous absolute- return rating system.
Our new stock ratings are as follows:
We believe that the new stock rating framework will enable us to maintain our focus on fundamentals and ensure consistency in our research. From the entire CICC team, we thank you for trusting us to provide the highest-quality, in-depth macroeconomic and industry coverage of the A-share, H-share and ADR markets domestically and overseas.
China International Capital Corporation Limited