Stock Performance: Various Hong Kong stocks showed mixed performance, with some companies like Henderson Land and Hysan Development experiencing gains, while others like Wharf REIC and Champion REIT saw declines.
Short Selling Data: Significant short selling activity was noted across multiple stocks, with SHK PPT and Wharf Holdings having the highest short selling ratios, indicating bearish sentiment among investors.
Investment Ratings: Analysts provided investment ratings, recommending buys for several stocks including Hysan Development and Sino Land, while suggesting sells for Wharf Holdings and New World Development.
Discount to NAV: Many stocks are trading at substantial discounts to their net asset values (NAV), with Kerry Properties and Hang Lung Properties showing the largest discounts at 74% and 68%, respectively.
Wall Street analysts forecast 00004 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00004 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00004 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00004 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 23.300
Low
Averages
High
Current: 23.300
Low
Averages
High
HSBC
HSBC Global Research
Hold
maintain
$23
Al Analysis
2025-08-13
Reason
HSBC
HSBC Global Research
Price Target
$23
Al Analysis
2025-08-13
maintain
Hold
Reason
Citi
Sell
downgrade
2025-08-13
Reason
Citi
Price Target
2025-08-13
downgrade
Sell
Reason
Citi maintained a Sell rating for WHARF HOLDINGS due to several factors. The company has a strong balance sheet with a significant amount of net cash, but given the current macro uncertainties and market conditions, it is not in a rush to reinvest and may focus on monetizing existing land reserves instead. The broker expects stable dividends per share (DPS) without increases and sees a low likelihood of share buybacks. Additionally, Citi views Wharf's valuation as the highest in the industry, which, while supported by a strong balance sheet, does not necessarily translate to positive stock price movement. Consequently, they lowered the target price from HKD18.8 to HKD18.3.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
