Bocom Intl: maintains a "buy" rating on Link Real Estate Investment Trust (00823) with a target price of HKD 47.7.
Bocom Intl believes that the possible interest rate cut by the Fed will be a key catalyst for short-term rating revaluation.
Dahua Jixian: maintains the "buy" rating of Link Real Estate Investment Trust with a target price of HKD 42.76.
Dahua Jixian released a research report stating that it maintains a "buy" rating on Link Real Estate Investment Trust (00823) with an unchanged target price of HKD 42.76, and maintains its profit forecast, continuing to be the preferred stock among local house rental companies. The report states that after visiting the border shopping malls in mainland China and Hong Kong, it was found that the flow of people in the areas where Link's malls are located remained strong under the pressure of overall weak consumption, thanks to effective management, which positions the company well. The bank continues to expect that Link's Hong Kong asset portfolio will outperform the overall retail market, but tenants continue to face challenges in achieving positive income growth.
Dahua Jixian: Maintains a 'buy' rating for Link Real Estate Investment Trust (00823) with a target price of HKD 42.76.
Link Real Estate Investment Trust (00823) continues to be the preferred stock among local house rental companies for Dahua Jixian.
Hong Kong property stocks mostly rise amid interest rate cut expectations, rekindling the atmosphere of real estate acquisition. The transaction volume of the top 10 estates in Hong Kong increased by eight percent on a week-to-week basis over the weekend.
Most hong kong property stocks rose. As of press time, wharf reic (01997) rose 5.36%, to HK$19.64; new world dev (00017) rose 5.2%, to HK$7.48.
Hong Kong property stocks have a strong upward trend. Wharf REIC (01997) rose 5.79%, and Central Plains Real Estate pointed out that expectations of a US interest rate cut next month have increased and rekindled the atmosphere of property investment.
Golden Finance News | Hong Kong property stocks show strong momentum, with Wharf REIC (01997) up 5.79%, New World Dev (00017) up 4.92%, Link Real Estate Investment Trust (00823) up 3.73%, SHK PPT (00016) up 3.41%, Hysan Dev (00014) up 2.48%, CK Asset (01113) up 2.17%. The latest data from Centaline Property shows that the trading volume of the top ten housing estates in Hong Kong increased by 83% compared to the previous week, reaching a new high in 14 weeks. Specifically, these top ten housing estates recorded a total of 11 transactions over the weekend. Centaline Property
HK stocks surged | Link REIT (00823) rose more than 3% in the final trading session. Morgan Stanley stated that the company's dividend yield is still attractive, and HSBC stated that the reduction in dividend payout will come to an end.
Link Real Estate Investment Trust (00823) rose more than 3% in the final session. As of the time of writing, it increased by 3.18% to HKD 34.05, with a turnover of HKD 0.3 billion.
