-
Standard Chartered Bank tends to prefer rental stocks that have a bigger proportion of suburban shopping malls as they are more defensive with low base and continue to benefit from the asset improvement measures. The bank recommended that investors should switch chips from urban rental shares to suburban rental shares. HYSAN DEV (00014.HK)  -0.150 (-0.409%)    Short selling $12.87M; Ratio 38.922%   's rating was downgraded to Lin-Line, with target price lowered by 15% to $36.3 by the bank to reflect the high exposure of shopping malls to urban area. Meanwhile, the bank lifted LINK REIT (00823.HK)  +0.450 (+0.979%)    Short selling $2.76M; Ratio 1.951%   's target price by 7% to $49.1; FORTUNE REIT (00778.HK)  -0.060 (-0.844%)    Short selling $612.61K; Ratio 5.687%   's target price was set at $7.62, with the Outperform rating unchanged.     

Comments

Post a Comment

Popular posts from this blog

-
Image
China VAST Industrial Urban Development Company Limited (06166.HK) - Summary    Summary       Company Info       IPO Info       Industry Comp       Financial Comp       Related News       Profit & Loss       Cash Flow       Balance Sheet     China VAST Industrial Urban Development Company Limited IPO Timetable Application Period 2014/08/13 - 2014/08/18  Fixed Date 2014/08/18  Announcement Date 2014/08/22  Refund Date 2014/08/22  Listing Date 2014/08/25  Basic Company Information Listing Market The Stock Exchange of Hong Kong (Main Board)  Industry Property Development  Background Others Major Business Area The PRC  Website http://www.vastiud.com   IPO Info Lot Size 1000  O...
Read more
-
UCD (01599) plans to raise Rmb600m from A shares issue    Beijing Urban Construction Design & Development Group (UCD) (01599) said it proposes to apply for initial public offering of Renminbi ordinary shares and listing.   The number of public issuance of shares amounts to not more than 149.86 million shares. The issuance price of A shares shall not be lower than Rmb2.91 per share.   The total proceeds raised from the issuance of A shares amount to Rmb600 million, which will be used for upgrading and reconstructing project of the design centre, the national  engineering...
Read more
-
PRADA Deutsche Bank believed and hoped PRADA (01913.HK)    -0.150 (-0.312%)    Short selling $12.87M; Ratio 35.577%   's performance had reached bottom in the third quarter. Looking ahead for the fourth quarter, with the Asian business getting back to normal, relatively low base in the second half of the year and the launch of new products, the company's sales growth may accelerate. Given the expected negative trend of the company's revenue, coupled with deleveraging, the company's EPS forecasts for FY2014-2015 were further cut by 7% and 5% respectively. The Hold rating was maintained and target price was reduced from $55 to $54. 
Read more