UBS released a research report saying that its property team upgraded CK ASSET (01113.HK)  -0.280 (-0.593%)    Short selling $106.98M; Ratio 47.479%   from Neutral to Buy, citing it as the most undervalued among homebuilders under its coverage. The broker also removed CK ASSET and HANG SENG BANK (00011.HK) from its least preferred list.

HSBC HOLDINGS (00005.HK)  -3.800 (-2.724%)    Short selling $517.81M; Ratio 26.092%   proposed privatizing HANG SENG BANK, offering a price equivalent to 1H25 PB ratio of 1.8x, with a valuation premium of 30%.

Related NewsJPM Keeps Overweight on WYNN MACAU; Quarterly Results Unremarkable, But Valuation Attractive
Due to increased provisioning expenses for Hong Kong commercial real estate (CRE) exposure and the persistent risk of net interest margin contraction brought by a potential rate cut cycle, UBS maintained a neutral stance on Hong Kong banks but an overweight position to Hong Kong developers, the report added.

UBS' latest most preferred companies include HENDERSON LAND (00012.HK)  -0.340 (-1.038%)    Short selling $67.73M; Ratio 45.661%   , SHK PPT (00016.HK)  +0.200 (+0.150%)    Short selling $691.39M; Ratio 52.786%   , LINK REIT (00823.HK)  -0.120 (-0.326%)    Short selling $42.43M; Ratio 10.722%   , WYNN MACAU (01128.HK)  -0.210 (-3.437%)    Short selling $19.38M; Ratio 21.606%   , GALAXY ENT (00027.HK)  +0.020 (+0.047%)    Short selling $36.08M; Ratio 15.925%   and CATHAY PAC AIR (00293.HK)  -0.120 (-0.925%)    Short selling $4.99M; Ratio 11.224%   , all rated at Buy. MTR CORPORATION (00066.HK)  -0.500 (-1.353%)    Short selling $64.81M; Ratio 33.529%   is the least preferred stock , with rating at Sell.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-13 16:25.)