<Daily Summary> HSI Ends at 25,952, Dropping 205 Points; HSTI Finishes at 5,818, Down 104 Points; ZIJIN MINING Falls More Than 5%; SHK PPT, CK ASSET, MINTH GROUP, SINOTRUK, KINETIC DEV Reach New Peaks; Market Turnover Increases | Intellectia.AI
<Daily Summary> HSI Ends at 25,952, Dropping 205 Points; HSTI Finishes at 5,818, Down 104 Points; ZIJIN MINING Falls More Than 5%; SHK PPT, CK ASSET, MINTH GROUP, SINOTRUK, KINETIC DEV Reach New Peaks; Market Turnover Increases
Written by Emily J. Thompson, Senior Investment Analyst
Market Performance: The Hang Seng Index (HSI) fell by 205 points (0.8%) to 25,952, while the Hang Seng Tech Index (HSTI) dropped 104 points (1.8%) to 5,818, and the Hang Seng China Enterprises Index (HSCEI) decreased by 85 points (0.9%) to 9,173, with a total market turnover of $239.99 billion.
Active Heavyweights: Notable declines were seen in major stocks such as Xiaomi (-2.9%), Alibaba (-2.6%), and Meituan (-2.3%), while China Construction Bank and Ping An experienced slight gains of 1.4% and 0.4%, respectively.
Significant Declines: Among HSI and HSCEI constituents, Zijin Mining fell by 5.4%, Sunny Optical by 4.6%, and Pop Mart by 4.1%, indicating a trend of short selling in these stocks.
Gainers in the Market: Stocks like Minth Group and Sinotruk saw increases of 6.0% and 2.8%, respectively, with both hitting new highs, contrasting with the overall market downturn.
Wall Street analysts forecast 00016 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00016 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 00016 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00016 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: 110.200
Low
Averages
High
Current: 110.200
Low
Averages
High
BOCOM International
BOCOM International
Equal-weight
to
Outperform
upgrade
2025-11-28
Reason
BOCOM International
BOCOM International
Price Target
AI Analysis
2025-11-28
upgrade
Equal-weight
to
Outperform
Reason
The analyst rating was upgraded from Equal-weight to Outperform based on the expectation of a gradual recovery in Hong Kong's real estate market, particularly in the residential sector, followed by premium retail assets and core office spaces. BOCOM International identified key supports for this recovery, including improvements in macro uncertainties (notably interest rate cuts), substantial policy easing, and the return of fundamental demand drivers. They anticipate increases in residential rental levels and prices over the next few years, which further supports their positive outlook on specific stocks like SHK PPT and LINK REIT.
CLSA
Underperform
to
Outperform
upgrade
$110
2025-11-11
Reason
CLSA
Price Target
$110
2025-11-11
upgrade
Underperform
to
Outperform
Reason
The analyst rating for SHK PPT was upgraded from Underperform to Outperform by CLSA due to several factors: the significant increase in the price list for Cullinan Sky (Phase 2) compared to Phase I, the rebound of Hong Kong property prices by 4% from their low, and the forecasted 5% increase in property prices by 2026. Additionally, the easing of selling pressure and strong rental demand, supported by a US interest rate cut, are expected to benefit leading developers like SHK PPT. Consequently, CLSA raised its target price for the company from $63.6 to $110.
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UBS
UBS
Buy -> Neutral
downgrade
$96
2025-10-16
Reason
UBS
UBS
Price Target
$96
2025-10-16
downgrade
Buy -> Neutral
Reason
The analyst rating for SHK PPT was downgraded from Buy to Neutral by UBS due to a more balanced risk-reward scenario. While the company has benefited from the recovery in the residential market and its stock price has increased by 29% year-to-date, UBS noted that the dividend yield remains below 4%, indicating limited room for growth in dividend per share for FY26. This combination of factors led to the downgrade.
UOB Kay Hian
UOB Kay Hian
NULL -> Buy
upgrade
$22.8
2025-10-15
Reason
UOB Kay Hian
UOB Kay Hian
Price Target
$22.8
2025-10-15
upgrade
NULL -> Buy
Reason
UOB Kay Hian upgraded KERRY PPT's rating to Buy due to the strong performance of the Jinling Residences project, which sold out on its first day with a subscription rate of 190% and an increase in average selling price. Despite high construction costs, the broker anticipates satisfactory profits from the project upon its completion in 2027, which could enhance the company's core net profit. Additionally, the recent decline in KERRY PPT's stock price is seen as an attractive entry opportunity for investors.
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.
