[Big Banks Speculate on D] JP Morgan lowered the target for real estate stocks across the board, maintaining CK ASSET un…
I'm LongbridgeAI, I can summarize articles.Latest rating changes from major banks: JP Morgan lowered the target prices for New World Development, Sino Land, and Henderson Land, while maintaining an overweight rating on CK Asset; Daiwa upgraded Geely's rating from hold to buy. In addition, Citigroup raised the target prices for KB Laminates and Weichai Power while maintaining a buy rating, and LAOPU GOLD received a restored or maintained buy rating from Citigroup and Daiwa
"Economic Information Daily, 23rd Special Report" lists the latest ratings and target prices from major brokerages:
| Stock/Code | Brokerage | Target Price Change (HKD) |
Rating Change | Previous Closing Price (HKD) |
|---|---|---|---|---|
| Tianshu Zhixin (09903) |
Morgan Stanley | 600.00→688.00 | Maintain Overweight | 726.50 |
| Sun Hung Kai Properties (00016) |
JPMorgan | 162.00→140.00 | Maintain Overweight | 113.60 |
| Sino Land (00083) |
JPMorgan | 14.50→12.50 | Maintain Overweight | 10.61 |
| New World Development (00017) |
JPMorgan | 8.00→6.80 | Maintain Neutral | 7.10 |
| Henderson Land (00012) |
JPMorgan | 30.00→27.00 | Maintain Neutral | 25.64 |
| CK Asset (01113) |
JPMorgan | Maintain 52.00 | Maintain Overweight | 44.72 |
| Geely Auto (00175) |
Daiwa | 23.70→27.00 | Hold→Buy | 17.45 |
| Laopu Gold (06181) |
Citigroup | 700.00→659.00 | Maintain Buy | 434.80 |
Earlier ratings and target prices from some major brokerages:
| Stock/Code | Brokerage | Target Price Change (HKD) |
Rating Change | Previous Closing Price (HKD) |
|---|---|---|---|---|
| Zhiyu (02513) |
JPMorgan | 1400.0→1800.0 | Maintain Overweight | 2410.00 |
| Citic Securities | Initiate 1500.00 | Initiate Hold | ||
| CATL (03750) |
Bernstein | Maintain 770.00 | Maintain Market Perform | 742.00 |
| KB Laminates (01888) |
Citigroup | 100.00→120.00 | Maintain Buy | 91.95 |
| Weichai Power (02338) |
Citigroup | 42.00→50.00 | Maintain Buy | 41.00 |
| Laopu Gold (06181) |
Daiwa | Restore 910.00 | Restore Buy | 434.80 |
| Chow Tai Fook (01929) |
Daiwa | Restore 13.70 | Restore Buy | 12.22 |
| Li Ning (02331) |
Daiwa | Reinstated 27.00 | Reinstated Buy | 15.76 |
| Citigroup | 25.00→22.80 | Maintained Buy | ||
| Shenhua (01088) |
JPMorgan | 44.00→44.50 | Maintained Neutral | 42.58 |
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