Zhitong Hong Kong stocks Shareholder equity disclosure | December 16

Hong Kong Stock Shareholder Equity Disclosure | December 16

Zhitong FinanceDec 16 08:05

BOCOM INTL initiates coverage of Cheung Kong Property Holdings (00778.HK) with a rating of "Buy" and a Target Price of 5.86 HKD.

BOCOM INTL published a report stating that FORTUNE REIT (00778.HK) has multiple investment advantages and stock price drivers, including stable earnings prospects, low valuation, further interest rate cuts, and the potential inclusion in the Stock Connect, which would be beneficial for the valuation of REITs. This is the first coverage of FORTUNE REIT, giving it a 'Buy' rating with a target price of 5.86 HKD. BOCOM INTL believes that the rental income outlook for FORTUNE REIT can remain fundamentally stable. At the same time, the current stock price corresponds to a 9.4% dividend yield for 2025, which is approximately 1.1 standard deviations lower than the long-term average gap with the yield of 10-year US Treasury bonds, indicating that the current valuation is still...

AASTOCKSDec 13 11:26

[Brokerage Focus] BOCOM INTL initiates a Buy rating for Fortune Real Estate Investment Trust (00778) with a Target Price of HKD 5.86.

Jinwu Financial News | BOCOM INTL released a research report indicating that, by Market Cap, Fortune Real Estate Investment Trust (00778) is currently the third largest Real Estate Investment Trust listed on the Hong Kong Stock Exchange. As of the first half of 2024, Fortune Real Estate Investment Trust owns approximately 3 million square feet of retail investment portfolio focused on Hong Kong, with over 72% of tenants belonging to the daily necessities Industry. The firm believes that Fortune Real Estate Investment Trust has multiple investment advantages and stock price drivers, including stable profit outlook, undervaluation, further interest rate cuts, and potential inclusion in the Shanghai-Hong Kong Stock Connect which is beneficial for REITs' valuation. The firm believes Fortune Real Estate Investment Trust's rental income.

Jinwu Financial NewsDec 13 09:07 · Ratings

Zhitong Hong Kong Stock Shareholder Equity Disclosure | December 11

Disclosure of shareholder equity in Hong Kong stocks | December 11.

Zhitong FinanceDec 11 08:05

HSBC Research on real estate stocks investment rating and target price (table)

HSBC Global Research published a research report, listing the investment ratings and target prices for property stocks as follows: Stock | Investment Rating | Target Price (HKD) CK Asset (01113.HK) | Buy | 44.6 HKD Hang Lung Properties (00012.HK) | Hold | 26.9 HKD New World Dev (00017.HK) | Shareholding | 5.6 HKD Sino Land (00083.HK) | Buy | 10.9 HKD SHK PPT (00016.HK) | Buy | 116 HKD Wharf Holdings (00004.HK)

AASTOCKSDec 6 09:59

Retail Management Association: The basic market factors remain unchanged, and the market has not yet shown signs of improvement.

Annie Lo, Executive Director of the Retail Management Association, pointed out that the main reason for the narrowed decline in retail data in Hong Kong in September is the low base effect. She mentioned that the current market conditions have not changed fundamentally, with general weakening in consumer spending among citizens, coupled with strong performance of the Hong Kong dollar and the influx of mainland Chinese visitors, the market remains weak without any signs of improvement. 70% of the association's members expect business performance to continue to decline in October. Annie Lo stated that among these members, non-essential items are experiencing a larger decline, while 30% expect business to remain stable or improve, primarily relying on promotional activities and new product launches. Members are still pessimistic about the performance in November and December. She pointed out that half of the members anticipate a decline in business in November, during the Christmas holiday in December.

AASTOCKSNov 4 09:21