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JP Morgan stated that LINK REIT (00823.HK)  -2.300 (-4.492%)    Short selling $83.38M; Ratio 14.000%   closed at historical high at $51.2 due to its inclusion in the Hang Seng Index at the close on 5 December. However, the DPU failed to support the current valuation. Since the current valuation is too high, the rating was maintained at Neutral with a target price of $47.5.

Since the stock price will be faded by 7.7% in general over a month following the re-balancing, it is believed that the share price may be reversed in the near-term and hence suggested investors to take profit from the stock.

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