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<Research>HSBC Research Adds HANG LUNG PPT (00101.HK) TP to $10.3, Keeps Rating at Buy
The recovery pace of HANG LUNG PPT (00101.HK)'s Plaza 66 and Grand Gateway 66 in Shanghai exceeded expectations, HSBC Global Research published a research report saying. Of whi...
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<Research>HSBC Research Adds HANG LUNG PPT (00101.HK) TP to $10.3, Keeps Rating at Buy
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The recovery pace of HANG LUNG PPT (00101.HK)  +0.290 (+3.311%)    Short selling $21.66M; Ratio 19.212%   's Plaza 66 and Grand Gateway 66 in Shanghai exceeded expectations, HSBC Global Research published a research report saying. Of which, in 3Q25, overall tenant sales of its Chinese shopping malls grew by 10% YoY.

In the first four days of October, HANG LUNG PPT's tenant sales rose by 15% YoY, while footfall hiked by 3%. Regarding the Hong Kong investment portfolio, tenant sales increased by 2% YoY in July-August 2025.

The broker lifted its 2025-2027 earnings forecasts for HANG LUNG PPT by 0.8-1.2% to reflect expected rental increases, with rating kept at Buy, and added its target price from $9.2 to $10.3.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-11-11 16:25.)

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