Swire Properties Could Benefit From Better Market Fundamentals -- Market Talk
Dow Jones
Nov 10
0628 GMT - Swire Properties' shares could be boosted by improving market fundamentals in Hong Kong, say DBS Group Research analysts in a note. The stock is trading at a 56% discount to the analysts' assessed net-asset value. A pick-up in office leasing activity in Hong Kong, plus increasing tenant-sales momentum in Swire Properties' Hong Kong and China retail portfolios, should bode well for its medium-term rental income outlook, Jeff Yau and others say. "In the longer run, earnings growth led by portfolio expansion and dividend growth should warrant a higher stock valuation," they add. DBS reiterates its buy rating and HK$23.72 target price. Shares gain 1.0% to HK$21.94.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 10, 2025 01:28 ET (06:28 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.