Express News | Corrected-Link Real Estate Investment Trust FY Revenue HKD 13,578 Million (Corrects Amount)

ReutersJun 19 05:06 ET

Express News | Link Real Estate Investment Trust FY Revenue HKD 105 Million

ReutersJun 19 05:00 ET

Link Real Estate Investment Trust: Annual Report 2023/2024

Hong Kong Stock ExchangeJun 19 04:59 ET · Announcements

Hong Kong stock market news | Link REIT (00823) fell more than 4% again as Hong Kong retail properties continue to be weak. China International Capital Corporation Limited is concerned about the impact of changes in consumer trends on performance.

Link REIT (00823) fell more than 4%, as of press time, it fell 3.98%, at HKD 32.55, with a turnover of HKD 322 million.

Zhitong FinanceJun 11 01:53 ET

Hong Kong based companies all fell sharply, with the retail trade under pressure year-on-year and the cooling effect of the property market gradually weakening.

hk based companies are all falling. As of the time of publication, Hang Lung PPT (00101) fell 6.73%, to HKD 6.93; Wharf REIC (01997) fell 4.75%, to HKD 21.05; MTR Corporation (00066) fell 3.86%, to HKD 24.9; and Link REIT (00823) fell 3.98%, to HKD 32.55.

Zhitong FinanceJun 11 01:46 ET

CICC: Lowered Link Real Estate Investment Trust's target price by 15% to HKD 40; paying attention to the impact of changes in consumer trends on profits.

CICC released a research report stating that the target price of Link Real Estate Investment Trust (00823) has been lowered by 15% to HKD 40, reflecting the adjustment of profit forecasts and greater caution in the long-term forecast. Due to the continuous weakness of the Hong Kong retail industry, Link's forecast for DPU (distribution per unit) in 2025 is reduced by 4% to HKD 2.57, and the forecast for 2026 DPU is introduced, which is the same as the previous year. The company maintains an "outperform" rating. The report also stated that Link's fiscal year performance as of the end of March 2024 is in line with market expectations, with revenue and net property income (NPI) increasing by 11% and 9.5%, respectively, mainly benefiting from the contribution of newly acquired properties.

新浪港股Jun 11 00:08 ET