Kathy Chan of Morningstar has maintained her three-star rating on Hongkong Land Holdings and slightly raised her fair value to US$7.40 ($9.55) from US$7.10 after it announced plans for its Singapore Central Private Real Estate Fund, as part of ongoing capital-management moves.
Hongkong Land Holdings
Price target:
Morningstar ‘three stars’ US$7.40
A bigger stream of recurring income
