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HSI1 | 24,072.28 | -211.87 | 242.23B |
HSCEI1 | 8,678.30 | -84.17 | 92.11B |
Back Zoom + Zoom - Block Traded | |
2025-06-30 14:46:23 UBS released a research report lifting its target price from $12.5 to $15, with rating at Neutral, considering CHINA OVERSEAS (00688.HK)'s launch of a retail property CREIT. The target price is based on a projected 2026 PE ratio of 10.7x (previously 8.5x), reflecting the value released by the CREIT spin-off and new financing channel, which are not yet reflected in earnings. CHINA OVERSEAS' estimated earnings for 2025-2027 remains unchanged, UBS added. The broker expected 1H25 core earnings to decline YoY due to a high profit margin base in the same period of 2024. UBS maintained its 2025-2026 earnings forecasts for CHINA OVERSEAS, assuming flat contract sales and net profit, with a gross profit margin of 16%. ~ AASTOCKS Financial News Website: www.aastocks.com |