[ET Net News Agency, 9 August 2024] Jefferies raised the target price for Swire
Properties (01972) to HKD14 from HKD12 and gave a "hold" rating.
The research house said the "hold" rating is premised on challenging outlook to the two
major segments Swire operates in, HK office and China retail, although it appreciates
Swire's execution quality and commitment to shareholder return. (rc)