HSI1 25,584.79 +19.05 231.21B
HSCEI1 8,490.39 +0.08 65.14B
Back    Zoom +    Zoom - Block Traded
HSBC Research Drops GREENTOWN CHINA TP to HKD8.7, Maintains Hold Rating
2026-08-28 15:36:52
GREENTOWN CHINA (03900.HK)'s continued destocking of existing land bank inventory has weighed on earnings, but further impairment risks have now alleviated, HSBC Global Investment Research said in a report.

The broker believed the company needs to accelerate land bank replenishment, particularly for high-end projects, to catalyze a valuation re-rating.

It maintained a Hold rating and lowered the TP from HKD9.5 to HKD8.7.
~

AASTOCKS Financial News
Website: www.aastocks.com