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Morgan Stanley believed that R&F PROPERTIES (02777.HK)  +0.960 (+11.693%)    Short selling $46.01M; Ratio 9.193%   's share price will be increased in 15 days since the interest rate cut is beneficial to developers, supporting new home sales and ASP as well as alleviating the industry's liquidity, inventory and margin concerns. The broker expected that there will be a short-term share price lift for developers, especially for those with high NDER, FCF deficit and inventory. 

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