Company Overview: HK & China Gas (00003.HK) has reported its interim results for the six months ending June 2025.
Financial Performance: The company achieved revenues of $27.514 billion, reflecting a marginal increase of less than 0.1% year-over-year.
Profit Growth: After-tax operating profit rose approximately 3% to reach $3.996 billion during the same period.
Market Activity: The stock experienced short selling amounting to $72.58 million, with a short selling ratio of 51.139%.
00003
$6.99+Infinity%1D
Analyst Views on 00003
Wall Street analysts forecast 00003 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00003 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 00003 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00003 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: 7.030
Low
Averages
High
Current: 7.030
Low
Averages
High
Morgan Stanley
Morgan Stanley
downgrade
$31 -> $30
2025-08-26
Reason
Morgan Stanley
Morgan Stanley
Price Target
$31 -> $30
2025-08-26
downgrade
Reason
Morgan Stanley lowered its FY2025-2027 EPS forecasts for HENDERSON LAND due to several factors: the company's lower-than-expected interim results, its current pre-sale situation and completion schedule for property development projects, updated expectations for rental income and occupancy rates of investment properties, and the progress of the Group's farmland resumption. Despite this downgrade, Morgan Stanley maintained its dividend forecast, citing stable rental income, dividend income from HK & CHINA GAS, accelerated farmland resumption, improved residential sales in the second half of 2025, and support from major shareholders as factors that would support dividend distribution. Additionally, the target price was cut from $31 to $30 based on a discount to the net asset value per share, with an expectation that Hong Kong property prices may have bottomed out, positioning HENDERSON LAND to benefit from price stabilization and improved market sentiment.
BOCI
Buy
downgrade
2025-08-21
Reason
BOCI
Price Target
2025-08-21
downgrade
Buy
Reason
Daiwa
Hold
upgrade
2025-08-21
Reason
Daiwa
Price Target
2025-08-21
upgrade
Hold
Reason
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.
