CNT Group is engaged in paint manufacturing, property investment and development, and the provision of transport services in Hong Kong and the mainland.
Brokerage China Everbright Securities has put a 'buy' on the stock, saying CNT will benefit from its links with a mainland investment company.
CNT recently sold a 9 per cent stake to Jiangsu International Trust & Investment Corp (Jitic) and the tie-up should benefit CNT in seeking investment outlets in the fast-growing Jiangsu region.
Jitic, which is involved in infrastructure and property projects, is expected to be an active long-term investor in CNT.
CNT's bus operation - held through 41.8 per cent-owned Citybus - is the fastest-growing bus company in Hong Kong in terms of network expansion and increase in passenger numbers.
Citybus' success is attributed to its outstanding service, compared with other bus operators, and relatively new, air-conditioned fleet.