M Stanley: CHINA OVERSEAS Pre-sales Outlook Remains Strong, Rated Equalweight
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Morgan Stanley's report on CHINA OVERSEASindicates a strong pre-sales outlook despite weak Q1 results, where revenue was flat and operating profit fell 28% YoY. The firm projects potential upside in 2026 pre-sales and EPS forecasts if strong sales in tier-one cities persist. The stock is rated Equalweight with a target price of HKD12.5. Short selling data shows a ratio of 26.716%.
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