Monday, May 4, 2015

Deutsche maintains SHK PPT新鸿基地产(00016.HK) at Buy with target lifted to $142

Technical view using ART system

Over the past years, Art system has accurately captured the stock trend most of the time..

Now we see SHK PPT 新鸿基地产 has changed from orange to green, it indicates the trend is changed from bearish to bullish. Below is a finance news  from AAStocks Financial News for your reference.

Deutsche Bank remained SHK PPT(00016.HK) at buy with target price lifted to $142 from $133.3, a 20% discount to the NAV of $177.6. The research house believed that there will be a recovery in leasing demand from the banking/ financing segment following the recent rally of Hong Kong stocks which will create a better prospects on HK Grade-A office. Being the large landlord in Central and surrounding areas, SHK PPT will be the major beneficiary.

(Quote is delayed for at least 15 mins.Short Selling Data as at 2015-05-04 16:25.)

AAStocks Financial News
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