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<Research>JPM Reaffirms HANG LUNG PPT (00101.HK) as 1 of Top Picks on Ability to Identify Growth Drivers in Low Risk Manner
Recommend 3 Positive 8 Negative 3 |
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HANG LUNG PPT (00101.HK) recently announced the acquisition of operational rights for a commercial project located in the center of Wuxi through a long-term lease agreement, according to JPMorgan's research report. This marks the fourth expansion under the Company's HLP V.3 growth strategy blueprint. Although the Company may prioritize debt reduction in the next 1-2 years, it can still identify growth drivers in a lower-risk manner, JPMorgan stated. The broker reaffirmed HANG LUNG PPT as one of its top picks, due to the continuous improvement in tenant sales in mainland China, with 4Q25 sales expected to continue 3Q25's YoY growth momentum of 10%, etc.. Therefore, JPMorgan rated HANG LUNG PPT at Overweight, with a target price of $10 for June 2026. AASTOCKS Financial News Website: www.aastocks.com |
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