GO
| HSI1 | 26,749.51 | +119.55 | 240.87B |
| HSCEI1 | 9,160.81 | +46.51 | 87.55B |
| Back Zoom + Zoom - Block Traded | |
|
2026-01-23 10:22:55 DBS has published a research report praising SHK PPT (00016.HK) for its position as Hong Kong's largest property developer with a substantial land reserve and a robust investment property portfolio forming its core strengths. The report highlighted that SHK PPT acquired last year six residential sites through means like government tenders and land use conversions. These sites are expected to provide a total attributable gross floor area of over 3 million square feet. With favorable land costs, the pre-tax profit margin of the projects on these sites is estimated to exceed 30%, sufficient to shore up SHK PPT's earnings recovery. DBS has lifted its target price for SHK PPT from HKD112.1 to HKD122, with a Buy rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |