[ET Net News Agency, 9 August 2021] HSBC Global Research raised its target price for
Fortune REIT (00778) to HK$8.4 from HK$8 and maintained its "hold" rating.
The research house said it raises its DPU estimates by 7.5-9.2% for 2021e-2023e due to
its now lower interest cost assumptions and higher rental assumptions for the REIT's
carparking spaces in Hong Kong. (RC)