Major bank ratings丨 UBS Group: Downgraded the forecast for Hong Kong property prices this year, remains Bullish on KERRY PPT, SWIREPROPERTIES, and others.
Brokerage Focus: HSBC Research expects Hong Kong residence prices to stabilize in the second half of the year, bullish on Sunlight Real Estate Investment Trust (00016) and others.
Major rating agency | UBS Group: Mainland clients buying Hong Kong properties intend to further increase, expecting Hong Kong property prices to rebound next year.
jefferies financial: Government Work Report moderately positive for real estate stocks, shk ppt expected to benefit relatively.
Major rating | UBS group: Hong Kong property stocks are expected to continue to rebound, with Henderson Land, Kerry PPT, and SHK PPT being the top choices.
HSBC Upgrades Kerry Properties to Buy From Hold; Price Target Is HK$19.60
UBS Group: It is expected that the remaining time of the year, Hong Kong property prices will generally stabilize or slightly rebound.
Goldman Sachs: Maintains neutral rating on Kerry PPT (00683), target price raised to HK$16.7.
Analysts Offer Insights on Real Estate Companies: Daito Construction (OtherDITTF) and Kerry Properties (OtherKRYPF)
Citi: Maintains a "buy" rating on Kerry PPT (00683), with target price raised to HKD 17.6.
Major rating adjustment | UBS Group: Adjusting target prices and ratings for multiple Hong Kong property stocks, Henderson Land and Kerry PPT are preferred.
Analysts Conflicted on These Real Estate Names: VICI Properties (VICI), Kimco Realty (KIM) and Kerry Properties (OtherKRYPF)
Lyons: Maintains Kerry PPT (00683) 'Outperform' rating with a target price reduced to HKD 16.2.
Major Bank Ratings | UBS: Property trading gradually slowed down after Hong Kong withdrew, and it is estimated that residential property prices will drop by about 5% this year
CITIC Lyon: Maintaining Kerry E&C's (00683) “Buy” Rating Target Price Lowered to HK$16.7
Damo: The target price of Hong Kong real estate shares was generally lowered, and the target price of Jiulong Cang Real Estate was cut by 28% to HK$29
Major bank ratings | Lyon: Kerry Construction's target price was lowered to HK$24.3, and the stock price was overadjusted to buy
Lyon: Maintaining Kerry Construction's (00683) “Buy” Rating Target Price Lowered to HK$24.3
Kerry Properties (00683.HK): Target price dropped to HK$38.4 to maintain the increase in holdings rating
Kerry Properties (683.HK): Stable recurring revenue provides sustainability to current dividend levels