Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>UOB Kay Hian Names CHINA RES LAND as Top Pick; Supportive Policies for CN Property Sector May Come Up After NPC Meeting
Recommend 6 Positive 7 Negative 2 |
||||
|
||||
|
This year's National People's Congress (NPC) meeting has set a supportive tone for China's real estate industry, focusing on supply control, inventory reduction, and housing provident fund reform, UOB Kay Hian wrote in its research report. UOB Kay Hian has kept an Underweight rating for China's real estate industry, though it believes further policy support measures may be announced after the NPC meeting in March. It recommends retaining some allocation to hedge against policy volatility. In terms of timing, UOB Kay Hian suggests buying during market adjustments rather than chasing highs when policy support rumors emerge. CHINA RES LAND (01109.HK) as its top pick, with a target price of HKD35.4 and a rating of Buy. AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
