CLSA Predicts Chinese Developers Will Surpass Hong Kong Homebuilders This Year; Favorites Include CHINA RES LAND and LINK REIT
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy 00823?
Source: aastocks
Divergent Trends in Real Estate Policies: China's real estate market is experiencing contrasting trends, with Shanghai implementing easing measures while Hong Kong is tightening its property policies in the new Budget.
Performance Expectations: CLSA predicts that Chinese developers will outperform Hong Kong homebuilders for the rest of the year, based on historical trends of share price adjustments.
Top Stock Picks: CLSA's top stock picks include CHINA RES LAND and LINK REIT, both rated as Outperform, with target prices set at $35.4 and $51, respectively.
Market Sentiment: The report highlights a significant short selling activity in both stocks, indicating cautious market sentiment amidst the policy changes.
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Analyst Views on 00823
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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.
