CLCT

DBS and OCBC lower respective target prices for CLCT but still deem a 'buy' - THE EDGE SINGAPORE

Broker's Calls

DBS and OCBC lower respective target prices for CLCT but still deem a 'buy'

The recovery is going to pan out as a multi year story
CapitaLand China Trust's FY2023 DPU falls 10.1% y-o-y as retail improves but new economy struggles  - THE EDGE SINGAPORE

Results

CapitaLand China Trust's FY2023 DPU falls 10.1% y-o-y as retail improves but new economy struggles

CapitaLand China Trust's DPU falls 10.1% y-o-y, 2H2023 metrics show improvement as retail recovers, new economy falters

Results

CLCT reports 1HFY2023 DPU of 3.74 cents, eyes better 2H

Tenant sales at certain malls have exceeded pre-pandemic levels

Broker's Calls

With recovery underway, OCBC keeps 'buy' and $1.38 fair value on CLCT

"We continue to see CLCT as a beneficiary of China's reopening and pro-growth policies"
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