Kowloon Warehouse wins 5.32% in the afternoon

In the afternoon of 3rd, the Kowloon Warehouse was up 5.32% to HK $32.65, with Citigroup raising its target price of 32% to 25 Hong Kong dollars to boost share prices to win the big city (now 2.05%). Kowloon Warehouse (00004) on the afternoon of June 3, it rose 5.32% to HK $32.65, raising its target price in Kowloon, boosting its share price to win the market (now 2.05%);　　The net asset value amounted to HK $45.8 and the target price was also increased by 32% to HK $25, but the rating was lowered from buy to hold as the current value was close to the average of the net asset discount. The 09-11-year profit forecast for the bank will be upgraded to a 7-20% of HK $1.86 per share this year and HK $2.07 in 2010. In its research report, the bank said that at current prices, the mainland properties of the wharf were expected to be fully profitable, and it was believed that wharf could reach at least the bank's forecast for its 09 property development.