Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>HSBC Research Drops YUEXIU PROPERTY (00123.HK) TP to $4.1, Awaiting Re-rating Catalyst
Recommend 5 Positive 5 Negative 5 |
||||
|
||||
|
YUEXIU PROPERTY (00123.HK)'s 2025 core profit fell by 84% due to margin contraction and increased profit attributable to minority shareholders, and the results were in line with expectations, HSBC Global Research issued a research report saying. The broker believed that the Company lacks short-term catalysts, and its share price may continue to lag behind other high-quality developers, as the management did not set a sales target for the first time, and the land investment guidance was conservative. However, the Group's surprising sales and home price performance, along with progress on the C-REIT front and positive news on new large-scale projects in Guangzhou, may stimulate a valuation re-rating. Therefore, the broker dropped its target price from $5.2 to $4.1, with rating kept at Hold. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
