"Big Banks" Bank of America Securities' Investment Ratings and Target Prices for Property Stocks (Table)

Bank of America Securities published a research report, listing the investment ratings and target prices for property stocks as follows:

Stock | Investment Rating | Target Price

H Shares

C&D International (01908.HK) | Buy | HKD 21.4 → HKD 18.6

China Overseas (00688.HK) | Buy | HKD 16 → HKD 15

CHINA RES LAND (01109.HK) | Buy | HKD 39 → HKD 36

Yuexiu Property (00123.HK) | Buy | HKD 5.9 → HKD 5

Vanke (02202.HK) | Underperform | HKD 5.7 → HKD 3.3

Longfor Group (00960.HK) | Buy | HKD 12 → HKD 11

New World Development (01030.HK) | Buy | HKD 3.2 → HKD 2.7

Wanke Cloud (02602.HK) | Underperform → Neutral | HKD 24 → HKD 20

A Shares

Binjiang Group (002244.SZ) | Buy | RMB 13.5 → RMB 11.8

China Merchants Shekou (001979.SZ) | Underperform | RMB 10.5 → RMB 9.5

Poly Developments (600048.SH) | Underperform | RMB 7.5 → RMB 6.8

Vanke A (000002.SZ) | Underperform | RMB 6 → RMB 3.5