HSBC raises SWIREPROPERTIES (01972) target price to $31 X
04/11/2026 11:11
(Infocast News)    SWIREPROPERTIES (01972) is making progress on its HK$100 billion investment plan, with 70% of the capital now committed. It has also outlined the HK$15 billion investment plan to expand its Hong Kong portfolio over the next five years. 

More importantly, the company is exploring the potential listing of its selected commercial assets in mainland China through a C-REIT. 

HSBC maintained its Buy rating for SWIREPROPERTIES and raised its target price to HK$31 from HK$30.2. The broker raised its 2026-2028 earnings estimates by 0.8%-1.3%, reflecting revised property sales assumptions, partly offset by higher finance costs. 
 (WL)

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