HMC Capital Should Drop Medium-Term Assets Under Management Target -- Market Talk

Dow Jones

11 hours ago

0023 GMT - HMC Capital's bull at UBS doesn't see the property and infrastructure investor hitting its medium-term target for assets under management. HMC Capital wants A$50 billion of AUM. Analyst Solomon Zhang thinks A$27 billion by FY 2030 is more likely, driven by real estate and private credit. "We ascribe minimal growth to Digital Infrastructure and Energy Transition beyond what is secured today, and view these verticals as upside," UBS says. It would like HMC to drop the medium-term AUM goal, given it's not wholly within the company's control. UBS lowers its price target on HMC Capital by 39% to A$4.00/share. HMC falls 4.2% to A$2.835 following its 1H result today. The stock is down some 71% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 23, 2026 19:23 ET (00:23 GMT)

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HMC Capital wants A$50 billion of AUM. Analyst Solomon Zhang thinks A$27 billion by FY 2030 is more likely, driven by real estate and private credit. \"We ascribe minimal growth to Digital <a href=\"https://laohu8.com/S/IEAWW\">Infrastructure and</a> <a href=\"https://laohu8.com/S/GDLNF\">Energy Transition</a> beyond what is secured today, and view these verticals as upside,\" UBS says. It would like HMC to drop the medium-term AUM goal, given it's not wholly within the company's control. UBS lowers its price target on HMC Capital by 39% to A$4.00/share. HMC falls 4.2% to A$2.835 following its 1H result today. The stock is down some 71% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 23, 2026 19:23 ET (00:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HMC Capital Should Drop Medium-Term Assets Under Management Target -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHMC Capital Should Drop Medium-Term Assets Under Management Target -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-24 08:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0023 GMT - HMC Capital's bull at UBS doesn't see the property and infrastructure investor hitting its medium-term target for assets under management. HMC Capital wants A$50 billion of AUM. Analyst Solomon Zhang thinks A$27 billion by FY 2030 is more likely, driven by real estate and private credit. \"We ascribe minimal growth to Digital <a href=\"https://laohu8.com/S/IEAWW\">Infrastructure and</a> <a href=\"https://laohu8.com/S/GDLNF\">Energy Transition</a> beyond what is secured today, and view these verticals as upside,\" UBS says. It would like HMC to drop the medium-term AUM goal, given it's not wholly within the company's control. UBS lowers its price target on HMC Capital by 39% to A$4.00/share. HMC falls 4.2% to A$2.835 following its 1H result today. The stock is down some 71% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 23, 2026 19:23 ET (00:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2613763114","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613763114","pubTimestamp":1771892580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0023 GMT - HMC Capital's bull at UBS doesn't see the property and infrastructure investor hitting its medium-term target for assets under management. HMC Capital wants A$50 billion of AUM. Analyst Solomon Zhang thinks A$27 billion by FY 2030 is more likely, driven by real estate and private credit. \"We ascribe minimal growth to Digital Infrastructure and Energy Transition beyond what is secured today, and view these verticals as upside,\" UBS says. It would like HMC to drop the medium-term AUM goal, given it's not wholly within the company's control. UBS lowers its price target on HMC Capital by 39% to A$4.00/share. HMC falls 4.2% to A$2.835 following its 1H result today. The stock is down some 71% over the past 12 months. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK7162":"零售房地产信托","BK7005":"零售业房地产投资信托","BK4555":"新能源车","BK7062":"资产管理与托管银行","BK4099":"汽车制造商","BK4588":"碎股"},"translate_title":"HMC Capital应放弃管理目标下的中期资产——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"0023 GMT - HMC Capital's bull at UBS doesn't see the property and infrastructure investor hitting its medium-term target for assets under management. HMC Capital wants A$50 billion of AUM. Analyst Solomon Zhang thinks A$27 billion by FY 2030 is more likely, driven by real estate and private credit. \"We ascribe minimal growth to Digital Infrastructure and Energy Transition beyond what is secured today, and view these verticals as upside,\" UBS says. It would like HMC to drop the medium-term AUM goal, given it's not wholly within the company's control. UBS lowers its price target on HMC Capital by 39% to A$4.00/share. HMC falls 4.2% to A$2.835 following its 1H result today. The stock is down some 71% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 23, 2026 19:23 ET (00:23 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}