<div id="readability-page-1"><div><p>The worst for LINK REIT (00823.HK)<span> </span><span> +0.300 (+0.744%)  </span> <span> Short selling $93.05M; Ratio 21.870%  </span>  is behind, Citi said in its report. A series of positive developments is emerging, including improving retail tenant sales in Hong Kong and stabilizing cash rents, the completion of the disposal of its Singapore retail assets with proceeds to be used for share buybacks, and the expected appointment of a new CEO in 1Q/2QFY27E.</p><p>The broker upgraded LINK REIT from Neutral to Buy and raised its TP from HKD36.8 to HKD44.8.<br/>(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 12:25.)</p></div></div>

00823

<p>Citi has upgraded LINK REITfrom Neutral to Buy, raising the target price from HKD36.8 to HKD44.8. The report highlights improving retail tenant sales in Hong Kong, stabilizing cash rents, and the completion of asset disposals for share buybacks. A new CEO is expected to be appointed in 1Q/2QFY27E.</p>

Citi Upgrades LINK REITto Buy, Raises TP to HKD44.8