[ET Net News Agency, 19 February 2024] DBS lowered the target price for K. Wah Int'l
(00173) to HKD2.77 from HKD3.50 and gave a "buy" rating.
The research house said K. Wah owns a diversified residential land bank for development
in Hong Kong, Yangtze River Delta, and Greater Bay Area, leading to a relatively balanced
development earnings profile. (RC)