Kerry construction counter to the city's micro-rise 0.15%dbs maintain buying

Kerry Construction (00683-HK) slightly up 0.15%, reported 32.50 Hong Kong dollars, a deal of HK $62.3383 million; The Unit's outstanding performance in Hong Kong's property weakness may have been bolstered by a strong sales of the Quanwan project.　　According to the South China Morning Post, the company has sold 250 sets of houses for reasonable pricing. DBS only maintained the buying rating of the unit and raised its target price from HK $21.40 to HK $39.50.　　The bank said in addition to the project, in recent months, the Ho Man Tin Project Stock House sold 15 sets, Soho sold 38 sets, which is also a good performance, thanks to improved market sentiment; DBS said strong real estate sales would boost profits and boost financial strength, with robust project flows expected to boost growth. In addition, Kerry construction in Hong Kong strategic location has 2.7 million square feet of land reserves, providing a good medium-term appreciation potential, the company also established a total building area of 36 million square feet of land reserves.