CGS-CIMB Research analysts Raymond Cheng, Will Chu and Steven Mak have maintained “hold” on Hongkong Land (HKL) with a lower target price of US$4 ($5.31) from US$4.70 previously.
Hongkong Land
Price target:
CGS-CIMB Research ‘hold’ US$4
Lack of near-term rerating catalysts
