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<Research>HSBC Research Downgrades SINO LAND (00083.HK) to Hold, Drops TP to $8.5
HSBC Global Research issued a report lowering its FY2025-FY2027 profit forecasts for SINO LAND (00083.HK) by 6.1-16.6%, and dropping its target price by 22% to $8.5 from $10.9, tak...
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<Research>HSBC Research Downgrades SINO LAND (00083.HK) to Hold, Drops TP to $8.5
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STOCK INFO

HSBC Global Research issued a report lowering its FY2025-FY2027 profit forecasts for SINO LAND (00083.HK)  -0.050 (-0.635%)    Short selling $8.31M; Ratio 26.409%   by 6.1-16.6%, and dropping its target price by 22% to $8.5 from $10.9, taking into account its lower interest income and property sales margin forecasts for the company. The broker downgraded SINO LAND to Hold from Buy.

HSBC Global Research believed that SINO LAND is a quality defensive stock given its good execution in property sales and sufficient financial resources, with net cash increasing to $45.9 billion by the end of 2024, which is sufficient to protect it from global trade risks.

However, the broker estimated the market to cut its earnings anticipations for SINO LAND due to the expected decline in interest income.

Even though the dividend yield is expected to reach an attractive level of 7.3% in FY2025, HSBC Global Research predicted the upside of its share price to be limited.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)

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