Brokers' take

Hutchison Port Holdings Trust | Hold Fair value: US$0.420 Nov 22 close: US$0.42 OCBC Research, Nov 22

HUTCHISON Port Holdings Trust's (HPHT) management still keeps to its FY17 distribution per unit (DPU) guidance of 20-23 HK cents which translates to 6.1-7.0 per cent FY17 dividend yield.

Management expects a much milder decline in average selling price (ASP) and low single-digit throughput growth in Kwai Tsing and Yantian International Container Terminals.