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<Research>UBS H-Shr Top Pick List Adds SINO LAND, Removes HENDERSON LAND; HKers' Investment & Consumption Intentions More Cautious Than Expected
Recommend
24
Positive
37
Negative
14
UBS has conducted a survey on investment and consumption intentions among Hong Kong people, which reveals that the sentiment of respondents is overall more cautious than expected.

While the financial situation of respondents remained largely stable over the past 12 months, the number of respondents with a positive outlook on Hong Kong's economic prospects for the next 12 months has decreased, dampening their consumption intentions. Their investment intentions, in contrast, have remained largely stable.

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Reiterating a positive view on the real estate and financial sectors, UBS has replaced HENDERSON LAND (00012.HK) with SINO LAND (00083.HK) for its H-share top pick list, citing that SINO LAND has higher dividend visibility.

Other stocks on the list include AIA (01299.HK), SWIREPROPERTIES (01972.HK), GALAXY ENT (00027.HK), and WYNN MACAU (01128.HK).
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