UBS Investment Ratings for Hong Kong Developers: UBS has assigned various investment ratings to Hong Kong real estate developers, with SHK PPT rated as Neutral, CK ASSET and HENDERSON LAND rated as Buy, and WHARF HOLDINGS and NEW WORLD DEV rated as Sell.
UBS Investment Ratings for Hong Kong Landlords: For landlords, SWIRE PROPERTIES and LINK REIT are rated as Buy, WHARF REIC as Neutral, and HANG LUNG PPT and HYSAN DEV also rated as Buy.
UBS Investment Ratings for Chinese Real Estate Stocks: In the Chinese market, CHINA RES LAND, C&D INTL GROUP, GREENTOWN CHINA, and YUEXIU PROPERTY are rated as Buy, while CHINA OVERSEAS and LONGFOR GROUP are rated as Neutral, and CHINA VANKE is rated as Sell.
Short Selling Data Overview: The report includes short selling data for various stocks, indicating the amount and ratio of short selling activity, which varies significantly across different companies.
Wall Street analysts forecast 00001 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00001 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 00001 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00001 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: 59.250
Low
Averages
High
Current: 59.250
Low
Averages
High
BofA Securities
BofA Securities
Buy
maintain
$57 -> $62
Al Analysis
2026-01-06
Reason
BofA Securities
BofA Securities
Price Target
$57 -> $62
Al Analysis
2026-01-06
maintain
Buy
Reason
The analyst rating for CKH HOLDINGS (00001.HK) was reiterated as Buy by BofA Securities for several reasons:
1. Normalization of Valuation: The target price was raised by 9% to $62, reflecting the normalization of the valuation of its retail business.
2. Enhanced Net Asset Value: There is an enhancement in the net asset value of its subsidiary, AS Watson (ASW).
3. Attractive Valuation: The current valuation shows a 54% discount to net asset value, which is considered attractive.
4. Optimism About Value Unlocking: The broker expressed optimism regarding CKH HOLDINGS' willingness to take actions that can unlock value.
5. Risk Assessment: Although there are uncertainties related to the proposed disposal of its port business, the risks have been adequately reflected in media reports, suggesting that the market has already priced in these uncertainties.
Overall, these factors contributed to the positive outlook and Buy rating for the company.
CLSA
CLSA
Outperform
maintain
$8.8
2025-12-31
Reason
CLSA
CLSA
Price Target
$8.8
2025-12-31
maintain
Outperform
Reason
The analyst rating from the article is based on several key factors:
1. Catalysts for Growth: The year 2026 is expected to be filled with catalysts for Hong Kong conglomerates, particularly for CTF SERVICES, Jardines, and FIRST PACIFIC, which suggests potential for significant stock performance.
2. Dividend Compensation: Investors are anticipated to be well compensated through dividends while waiting for these catalysts. The expectation of a 5% growth in recurring earnings for the sector, along with a projected 3% year-over-year increase in sector dividends, supports this view.
3. Risk-Reward Profiles: CLSA identifies CTF SERVICES and CKH HOLDINGS as top picks due to their attractive risk-reward profiles, indicating that these stocks are expected to perform well relative to their risk.
4. Target Prices: The broker has set specific target prices for the stocks, with CTF SERVICES at $8.8 and CKH HOLDINGS at $61, both rated at Outperform, which reflects a positive outlook on their future performance.
5. Overall Sector Outlook: The combination of expected earnings growth, stable dividends, and favorable market conditions (like a weak USD) contributes to a positive overall outlook for the sector, reinforcing the analyst's ratings.
These factors collectively lead to the recommendation to invest in the highlighted stocks.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for 00001
Unlock Now
Morgan Stanley
Morgan Stanley
Overweight
maintain
$61
2025-11-24
Reason
Morgan Stanley
Morgan Stanley
Price Target
$61
2025-11-24
maintain
Overweight
Reason
The analyst rating for CKH Holdings is based on several key factors:
1. Demerger Plans: CKH is planning to demerge its retail business, AS Watson, for a dual listing in Hong Kong and the UK, which is expected to raise approximately USD2 billion. This strategic move is seen as a way to unlock value from its unlisted businesses.
2. Strong Performance of Retail Business: The retail segment is performing well, with an EBITDA of about USD1 billion in the first half of 2025, reflecting a year-over-year growth of 12.5%. This strong performance supports the potential for value creation through the demerger.
3. Market Valuation: The report highlights that the market currently assigns an implied valuation of zero to CKH's unlisted businesses, including ports, retail, and telecom. The expectation is that listing or selling these assets will unlock significant value.
4. Positive Stock Outlook: The stock price is anticipated to outperform the market over the next 60 days, leading to a target price set at HKD61 and an Overweight rating from the analyst.
Overall, the combination of strategic demerger plans, strong business performance, and the potential to unlock value from unlisted assets contributes to the positive analyst rating for CKH Holdings.
Citi
Buy
upgrade
$53 -> $61
2025-08-15
Reason
Citi
Price Target
$53 -> $61
2025-08-15
upgrade
Buy
Reason
The analyst rating for CKH HOLDINGS was influenced by several key factors highlighted in the article. Firstly, the company delivered remarkable operational performance across all business segments in the first half of 2025. Additionally, there are ongoing discussions with major strategic investors in China regarding the sale of port assets, which is expected to be mutually beneficial, although the completion of this deal may take time due to regulatory complexities.
Furthermore, Citi raised its net asset value (NAV) forecast for CKH HOLDINGS from HKD118.31 to HKD138.69 per share, taking into account the potential sale of port assets and the revaluation of all listed subsidiaries at market price. As a result, the broker increased its target price for CKH HOLDINGS from HKD53 to HKD61, while maintaining a Buy rating, reflecting a 56% discount to NAV. These factors collectively contributed to the positive analyst rating.
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.
