HSBC Research Evaluates Ratings and Target Prices for Chinese Managers (Table)

Stock Performance Overview

• A-LIVING (03319.HK): The stock increased by 0.070 HKD, representing a 2.333% rise. It has a short selling volume of 3.23 million HKD, with a short selling ratio of 16.089%. The rating is currently a "Hold" with a target price (TP) adjustment from 2.6 to 3.2 HKD.

• CHINA OVS PPT (02669.HK): The stock remained unchanged at 0.000 HKD. It has a short selling volume of 1.27 million HKD and a short selling ratio of 3.678%. The rating is "Buy" with a target price of 6.6 HKD.

• CHINA RES MIXC (01209.HK): The stock rose by 1.340 HKD, a 3.583% increase. It has a significant short selling volume of 29.51 million HKD and a short selling ratio of 20.104%. The rating is "Buy" with a target price of 44 HKD. Citi has raised its TP to 48.5 HKD while maintaining a "Buy" rating.

• CG SERVICES (06098.HK): The stock saw a slight increase of 0.020 HKD, or 0.309%. It has a short selling volume of 3.51 million HKD and a short selling ratio of 5.760%. The rating is "Hold" with a target price adjustment from 6.4 to 6.2 HKD. CLSA expects the commercial management business to remain strong, lifting the TP to 41.2 HKD.

• GREENTOWN SER (02869.HK): The stock increased by 0.020 HKD, or 0.406%. It has a short selling volume of 159.76K HKD and a short selling ratio of 1.866%. The rating is "Hold" with a target price of 5.4 HKD.

• SHIMAO SERVICES (00873.HK): The stock decreased by 0.020 HKD, a decline of 2.597%. The rating is "Hold" with a target price adjustment from 0.83 to 0.78 HKD.

• SUNAC SERVICES (01516.HK): The stock fell by 0.010 HKD, or 0.595%. It has a short selling volume of 1.89 million HKD and a short selling ratio of 10.437%. The rating is "Underweight" with a target price of 1.4 HKD.

Market Insights

• Short Selling Trends: The data indicates varying levels of short selling across different stocks, with CHINA RES MIXC showing the highest short selling volume at 29.51 million HKD, suggesting significant market interest or concern.

• Profit Guidance: JPMorgan has noted that CG SERVICES' profit for the first half of 2025 missed expectations, but they have raised their dividend guidance, indicating a potential for future growth despite current performance challenges.