Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>HSBC Research: Major CN Developers Expected to Recover Profits Next Yr; CHINA RES LAND/ C&D INTL GROUP/ Others Liked
Recommend 6 Positive 11 Negative 6 |
||||
|
||||
|
HSBC Global Research issued a research report seeing upside in the normalized profit calculations for Chinese developers, after factoring in a more optimistic margin outlook. The broker believed that China's major property developers are poised for a profit recovery by 2026, with four stocks expected to record higher earnings. HSBC Global Research favored CHINA RES LAND (01109.HK), C&D INTL GROUP (01908.HK) and SEAZEN (01030.HK), with all rated at Buy. HSBC Global Research anticipated that, starting in 2026, CHINA RES LAND, C&D INTL GROUP, GREENTOWN CHINA (03900.HK) and YUEXIU PROPERTY (00123.HK) will deliver earnings above their pre-crisis peak. The broker maintained a positive outlook on leading developers on their increased market share and clear trajectory toward profit recovery. HSBC Global Research expected that, as the C-REIT market continued to expand and developers explored ways to recycle capital and make strategic monetization, investor interest will increase. The latest ratings and target prices of the sector are listed in a separate table. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
