Merrill Lynch buys new bid rating of 97 Yuan

Source: Internet
Author: User
Keywords Sheet
Merrill Lynch published a study to reopen the new Sun Hung Kai property into the scope of the study to buy the investment rating of $97 to reflect its property development expertise, good balance sheet and excellent management, referring to the new Hong Kong property stocks brand name, the status of a brand "Prada". The report said that although the new price is higher than the current price, but the bank to its expected net asset value of $102.5, and the company can benefit from the recent real days of the seal and reputation.  The port of sale and fare increase. Report means that newly-held quality investment properties, such as the National Gold Centre (IFC) and the Global Trade Plaza (ICC), are expected to see a positive increase in rents for the next two years, with a forecast of $4.52 and $4.95 in core earnings for 2009 and 10 respectively, falling by 5.8% and 9.5% per cent year-on-year.
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