Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00823 LINK REIT
RTNominal down75.550 -0.650 (-0.853%)
Research Report

03/12/2020 14:07

{I-bank focus}HSBC lifts Link REIT (00823) to HK$87.5

[ET Net News Agency, 3 December 2020] HSBC Global Research lifted its target price for
Link REIT (00823) to HK$87.5 from HK$82.2 and maintained its "buy" rating.
The research house believes Link REIT is one of the key beneficiaries from the recovery
of the non-discretionary retail market in Hong Kong, thanks to the gradual easing of local
social distancing measures related to COVID-19.
Investors have been too pessimistic about their business resiliency and the DPU growth
prospects. Since April, there have been over 200 new leases joining its portfolio. In the
next few months, HSBC expects its tenants' sales performance to improve gradually. Its
overall tenants' sales performance declined 11.6% from April to September, outperforming
the overall Hong Kong market by 14.3ppt. HSBC expects DPU growth in 2021-23 to be 1%-4%.
(KL)

Remark: Real time quote last updated: 17/06/2021 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.