Sun Hung Kai Properties Likely to Gain From Hong Kong Housing Recovery -- Market Talk

Dow Jones
06/05

0133 GMT - Sun Hung Kai Properties remains one of the key beneficiaries of a multiyear recovery in Hong Kong's housing market, says DBS Group Research, citing its substantial residential exposure. The Hong Kong-based property company's year-to-date residential launches have been met by strong market demand, underpinning Sun Hung Kai's execution capability and leading market position, the analysts say. The shares trade at a 47% discount to DBS's estimated current net-asset value, and the analysts view the share-price weakness as an attractive opportunity to accumulate. DBS raises its target price to 154.16 Hong Kong dollars from HK$154.20 and maintains a buy rating. Shares are down 0.65% at HK$122.90. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

June 04, 2026 21:33 ET (01:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10