0614 GMT - Wharf Holdings' upcoming launches could be upside catalysts for its stock, DBS Group Research analysts say in commentary. The property company's upcoming residential launches are likely to receive favorable market response. Wharf was able to achieve a net cash position in 2025 and the strong balance sheet should enable it to make new investments, the analysts add. Wharf's shares have risen only around 2.0% over the past three months, underperforming peers, and trades at about 59% discount to DBS's appraised net asset value. The bank retains a buy rating and a HK$30.00 target price. Shares rise 1.2% to HK$23.74. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 13, 2026 02:14 ET (06:14 GMT)
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