Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
87001 HUI XIAN REIT
RTNominal down3.260 -0.010 (-0.306%)
Others

30/07/2019 15:22

{I-bank focus}HSBC cuts Hui Xian REIT (87001) to RMB3.6

[ET Net News Agency, 30 July 2019] HSBC Global Research lowered its target price for
Hui Xian REIT (87001) to RMB3.6 from RMB3.8 and maintained its "buy" rating on an
attractive FY2019 dividend yield of 7.4%.
The research house said Hui Xian REIT reported a mixed set of 1H results, showing
seemingly stable performance from its core assets but distribution per unit (DPU) was down
12% due to "one-offs".
While the decline in DPU is a disappointment, HSBC said the operational performance of
its flagship retail asset, the mall at Beijing Oriental Plaza (BOP), has stabilised with
revenue up 1.4% in 1H.
HSBC lowered its DPU estimates by 6.2% and 6.5% to RMB0.253 and RMB0.262 in FY2019 and
FY2020, respectively, mainly reflecting higher net finance cost and lower rental revenue
estimates (mainly for hotels). (KL)

Remark: Real time quote last updated: 13/12/2019 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2019 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.