Sun Hung Kai Properties Could Ride Improving Market Sentiment -- Market Talk

Dow Jones
Yesterday

0850 GMT - Sun Hung Kai Properties appears well-positioned to capture improving sentiment in Hong Kong's residential market with its rich launch pipeline, say DBS Group Research analysts in a note. Potentially lower mortgage rates, fueled by possible Federal Reserve rate cuts, should help invigorate demand for residential property, they say, which could boost interest in the group's coming launches in Hong Kong. The company's shares are trading at around 59% discount to the current net-asset value appraised by DBS, and the stock valuation remains inexpensive from a historical viewpoint. Any favorable movement in interest rates could send the stock higher, they add. DBS trims its target to HK$102.90 from HK$104.00, while maintaining a buy rating. Shares closed 0.4% higher at HK$92.50. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

September 08, 2025 04:50 ET (08:50 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10