＜Research＞M Stanley Believes HENDERSON LAND (00012.HK) Will Outperform Mkt in Next 60 Days, Expects Interim Div. to be Maintained

AASTOCKS

2024-07-10 14:24

Morgan Stanley released a research report believing that HENDERSON LAND (00012.HK) will outperform the market in the next 60 days, with an over 80% pr...

　　Morgan Stanley released a research report believing that HENDERSON LAND (00012.HK) +0.100 (+0.478%) Short selling $5.27M; Ratio 38.243% will outperform the market in the next 60 days, with an over 80% probability for the scenario. Therefore, Morgan Stanley rated HENDERSON LAND at Equalweight, with a target price of $26.

　　Morgan Stanley expected HENDERSON LAND's 1H24 results to be solid, with DPS to be remained unchanged and EPS to grow by 60% YoY, mainly benefiting from gains from the sale and resumption of farmland. In addition, the Company also recorded $10 billion of contracted sales in Hong Kong in 1H24.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-10 12:25.)

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