Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>UBS Favors SWIREPROPERTIES; Signs of Recovery in HK Office Mkt Emerging
Recommend 2 Positive 2 Negative 7 |
|
|
|
|
UBS said in its research report that, upon reviewing the report released in September this year, it still believes that China's office market is facing a challenging outlook due to sufficient supply. Meanwhile, UBS came across clearer signals indicating that the Hong Kong office market is recovering. With the supply decreasing in 2026-27, particularly in the Central district, the broker expects that the Grade A office market in Central is nearing its bottom. UBS believes the recovery of the Hong Kong office market will continue to serve as a boon for stocks with Hong Kong Grade A office businesses, including SWIREPROPERTIES (01972.HK), SWIRE PACIFIC A (00019.HK), HYSAN DEV (00014.HK), and HENDERSON LAND (00012.HK). Details of UBS' ratings and target prices on Hong Kong and Chinese developers are available in a separate table. AAStocks Financial News |
|
