HSBC Research maintains "Buy" rating on SINO LAND, with first half fiscal year results meeting expectations

HSBC Research published a report stating that Sino Land (00083.HK) achieved expected performance in the first half of the 2026 fiscal year, with stable profit performance. As the property market recovers, sales have begun to rebound. If the company increases land acquisitions or strengthens shareholder return measures, the stock price may receive a boost. The "Buy" rating is maintained, with a target price of HKD 13.9.

HSBC Research has lowered its core profit forecasts for Sino Land for the fiscal years 2027 to 2028 by 1.8% to 3.3%, mainly reflecting adjustments to sales assumptions for residential projects and a reduction in expected financing income