Major Bank Ratings | Goldman Sachs: Maintains the forecast for a 5% rise in Hong Kong property prices this year, while lowering the office rental forecast.
Major broker ratings | Morgan Stanley: Expects Hong Kong's retail sector to drop another 5% this year, Bullish on Link REIT, and Shareholding in WHARF REIC and Hysan Development.
[Brokerage Focus] Morgan Stanley expects a 5% decline in Hong Kong's retail sales in 2025, with the depreciation of the renminbi potentially offsetting the positive effects of "multiple entries with one visa".
Major bank ratings丨 UBS Group: Downgraded the forecast for Hong Kong property prices this year, remains Bullish on KERRY PPT, SWIREPROPERTIES, and others.
Major rating丨Morgan Stanley: The theoretical improvement in daily essentials retail is beneficial for Link REIT, maintaining a "Shareholding" rating.
Major banks rating丨Morgan Stanley: Expects Hong Kong property prices to decline by another 5% in the first half of next year, generally lowering the Target Price for real estate and House Rental Companies.
Daiwa: Wharf REIC (00004) rated as "shareholding", target price lowered to HK$18.
Jefferies Financial: Raises target price for Hang Lung PPT and SwireProperties, rating upgraded to "buy".
OCBC: Upgrades Wharf REIC (00004) rating to "buy", target price lowered to HKD 24.82.
Goldman Sachs: Downgrades wharf reic target price to HKD 29.4, potential benefits from stronger yen and potential rate cuts.
Citigroup: Maintains a "sell" rating on Wharf REIC (00004) with a target price lowered to HKD 18.9.
OCBC: Maintains "buy" rating for Wharf REIC (01997), target price lowered to 26.85 Hong Kong dollars.
UBS Group: Gives Wharf REIC (01997) a 'Neutral' Rating with Target Price of HKD 20.
Bank of America Merrill Lynch: Raises target price of Wharf Real Estate to HKD 28, maintains 'buy' rating.
DBS has rated Wharf REIC (01997) as 'shareholding' and set a target price of HKD32.
JPMorgan lowers target price for multiple Hong Kong property stocks, predicts average drop of 7% in mid-term core earnings per share for the industry.
Bank Rating | Goldman Sachs: Expects Hong Kong's annual retail rents to fall by 5%, favors Wharf Reic and CKH Holdings.
Major bank rating | JPMorgan: Short-term gains for Hong Kong real estate stocks as a result of expectations of interest rate reduction, but the upward trend may not continue.
Goldman Sachs: maintains a "buy" rating for Wharf REIC (01997) with a target price of HKD 33.9.
DBS Rating: HSBC: Mainland China's increase in tax-free shopping quota to Hong Kong and Macao boosts sentiment.