BofA Securities published a report maintaining its non-consensus positive stance on LINK REIT (00823.HK) -0.020 (-0.054%) Short selling $46.67M; Ratio 71.481% following the company's quarterly operational data update. Key points include: 1) Management confirmed that they are reviewing options for some non-core assets (now including all non-retail and parking assets) and will return part of the capital to shareholders; 2) Hong Kong malls continue to face challenges but are largely in line, with dining and supermarkets showing initial stabilization. The TP for LINK REIT was hiked by 2% from HKD43 to HKD44. Although there is no update on the search for a new CEO for the company, it is believed (given the time elapsed) that the process is nearing completion, which should help alleviate concerns over accountability. The rating was Buy. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related News UBS: Hong Kong Office and Retail Markets Under Short-term Pressure; Prefers Net Cash High Dividend Stocks Like CK Asset (01113.HK) and Sino Land (00083.HK)
AASTOCKS Financial News