Link Real Estate Investment Trust (00823) will distribute HKD 1.3257 per unit at the end of August 13th.
Link Real Estate Investment Trust (00823) has announced that the fund will distribute dividends on August 13, 2024, including the period up to 2024...
LINK REIT: Distribution Reinvestment Scheme in respect of the Final Distribution for the Financial Year Ended 31 March 2024 - Calculation of Issue Price
Major bank rating | JPMorgan: Short-term gains for Hong Kong real estate stocks as a result of expectations of interest rate reduction, but the upward trend may not continue.
Jpmorgan released a research report pointing out that Hong Kong property stocks may outperform the overall market in the near future, but a sustained increase cannot be achieved solely through interest rate cuts because the industry fundamentals have not yet shown signs of turning around, including high residential inventory levels, retail facing exchange rate resistance, and weak demand for office buildings. The report proposes three main conclusions based on the analysis of US Treasury bond yields, US interest rates, and Hong Kong interbank offered rates (HIBOR) in the past. First, real estate stock prices usually perform weaker in rate-cutting cycles. Second, the stock price may have short-term outperformance before the first rate cut. Finally, except for Link and Henderson Land, which have historical experience with interest rate changes.
Express News | JPMorgan Chase & Co's Short Position in Link REIT Decreases to 0.69% on July 4 From 2.58% - HKEX
Express News | JPMorgan Chase & Co's Long Position in Link REIT Decreases to 4.03% on July 4 From 5.93% - HKEX
Link Real Estate Investment Trust (00823) has granted restricted fund unit incentives.
Link Real Estate Investment Trust (00823) announced that it will distribute long-term rewards based on the 2017 plan on July 8, 2024...
Express News | Citigroup's Short Position in Link REIT Decreases to 0.12% on July 2 From 1.52% - HKEX
Express News | Citigroup's Long Position in H-Shares of Link REIT Decreases to 5.86% on July 1 From 7.00% - HKEX
Express News | JPMorgan Chase & Co's Short Position in Link REIT Decreases to 2.59% on July 2 From 5.38% - HKEX
Express News | JPMorgan Chase & Co's Long Position in Link REIT Decreases to 5.65% on July 2 From 8.96% - HKEX
Link Real Estate Investment Trust (00823) will distribute a final dividend of HKD 1.3257 per fund unit on August 13th.
Link Real Estate Investment Trust (00823) announced that it will distribute a final dividend of HKD 1.3257 per unit on August 13, 2024.
LINK REIT: Distribution Reinvestment Scheme in respect of the Final Distribution for the Financial Year Ended 31 March 2024
Express News | Citigroup's Short Position in Link Real Estate Investment Increases to 1.47% on June 26 From 0.94% - HKEX
Express News | Citigroup's Long Position in Link Real Estate Investment Increases to 6.92% on June 26 From 6.41% - HKEX
Hong Kong property stocks have risen, New World Development (00017) rose 4.03%. Citigroup recommends adopting a defensive investment approach for the sector.
Jingu Finance | Hong Kong property stocks rose, New World Development (00017) rose by 4.03%, Wharf REIC (01997) rose by 3.43%, Swire Pacific A (00019) rose by 1.73%, Link Real Estate Investment Trust (00823) rose by 1.51%, Hang Lung Properties (00101) rose by 1.37%, CK Asset (01113) rose by 1.19%. Citigroup stated that Hong Kong property companies shared cautious views on the market during the conference and adopted flexible strategies for defense in response to the challenging market conditions. As the residential market seems to be slowing down currently, some ......
DBS Rating: HSBC: Mainland China's increase in tax-free shopping quota to Hong Kong and Macao boosts sentiment.
Morgan Stanley has issued a research report stating that the Ministry of Finance and two other departments have raised the tax-free shopping limit for mainland tourists to Hong Kong and Macao to a maximum of 15,000 yuan, which will take effect on July 1st. It is expected to help boost the willingness of mainland tourists to consume in Hong Kong and drive the growth of consumption of high-priced commodities. According to data from the Tourism Board, the average consumption of overnight and same-day return visitors from mainland China in the fourth quarter of last year was HKD 6,100 and HKD 1,300 respectively. Morgan Stanley believes that Wharf REIC, Sino Land, and Link REIT may benefit. As for the Macau gaming industry, Morgan Stanley expects that the new measures will help to reduce regulatory risks in the industry and improve market sentiment, which is the case this year.
Bank Rating | JPMorgan: Sam's impact on Hong Kong retail is controllable, grabbing less than 1% of the overall retail share.
JPMorgan published a report yesterday, stating that the impact of Sam's on Hong Kong's retail market is controllable, and is expected to account for less than 1% of Hong Kong's overall retail sales. However, the bank is more cautious about the performance of Hong Kong's retail, expecting a year-on-year decline of 6% in sales (excluding dining). JPMorgan believes that Sam's impact on the Hong Kong retail market is controllable because of its limited product supply, such as the inability to send snacks and drinks to Hong Kong; coupled with many price-sensitive consumers who have already turned to cross-border platforms such as Taobao and PDD Holdings for shopping. In addition, although the unit price of Sam's products is low, most of them require bulk purchases at once, so Hong Kong consumers may need to group buy with others.
BOCOM Intl: Maintains "buy" rating for Link Real Estate Investment Trust, with a target price of HKD 47.7.
Bocom Intl released a research report stating that it maintains a 'buy' rating for Link Real Estate Investment Trust (00823) with a target price of HKD 47.7. The bank recently visited the Shanghai Qibao Vanke Plaza, which is owned by Link. Link completed the acquisition of the remaining 50% equity of the company in February 2024. Link has been optimizing its tenant mix by introducing some popular brands such as Lululemon, Salomon, and other luxury brands to improve the overall rental affordability of its tenants. The bank stated that the yield of the project is attractive compared to Link's latest borrowing cost and can contribute to a dividend per share.
Bocom Intl: maintains a "buy" rating on Link Real Estate Investment Trust (00823) with a target price of HKD 47.7.
Bocom Intl believes that Link REIT is actively managing its idle cash, which brings higher long-term dividends to fund unit holders.
Express News | Corrected-Link Real Estate Investment Trust FY Revenue HKD 13,578 Million (Corrects Amount)