UBS's Investment Ratings and Target Prices for Hong Kong and Mainland Real Estate Stocks (Table)

UBS published a research report on the investment ratings and target prices for Hong Kong real estate stocks as follows:

Developers

Stock | Investment Rating | Target Price (HKD)

Sun Hung Kai Properties (00016.HK) | Neutral | 96 HKD

CK ASSET (01113.HK) | Buy | 42.9 HKD

HENDERSON LAND (00012.HK) | Buy | 29 HKD

Wheelock and Company (00004.HK) | Sell | 16.3 HKD

SINO LAND (00083.HK) | Buy | 11.2 HKD

Kerry Properties (00683.HK) | Buy | 24 HKD

New World Development (00017.HK) | Sell | 4 HKD

Rental Companies

Stock | Investment Rating | Target Price (HKD)

Swire Properties (01972.HK) | Buy | 26.1 HKD

Link REIT (00823.HK) | Buy | 42 HKD

Wheelock Properties (01997.HK) | Neutral | 23 HKD

Hysan Development (00101.HK) | Buy | 9.6 HKD

Hopewell Holdings (00014.HK) | Neutral | 15.7 HKD

Conglomerates

Stock | Investment Rating | Target Price (HKD)

CK Hutchison Holdings (00001.HK) | Buy | 58.8 HKD

MTR Corporation (00066.HK) | Sell | 24 HKD

Swire Properties A (00019.HK) | Neutral | 74 HKD UBS's investment ratings and target prices for domestic property stocks in A-shares are listed as follows:

Stock | Investment Rating | Target Price (RMB)

Poly Developments (600048.SH) | Neutral | 8.5 RMB

Vanke (000002.SZ) | Sell | 5.5 RMB

China Merchants Shekou (001979.SZ) | Neutral | 9.8 RMB