The index closed down 0.76%, reported 116991.56, a deal of HK $56.292 billion, the index continued to be traded around the year line, the Hong Kong real estate stocks continued to strong yesterday, continue to outperform the market, the Hang Seng property classification indices rose 2.38%. JPMorgan has also recently joined the ranks of Hong Kong's property stocks. The forecast for real estate prices in Hong Kong rose 10% and 5% in 2009 and 2010, on the assumption that the economy should recover gradually from the second half of 09, with the unemployment rate peaking at 6.1% in the second quarter of 09. The property sector's earnings forecast for the 10 fiscal year was up 13% per cent, with sales rising as a result of an increase in the forecast for average selling prices, corresponding to an average increase of 14% in the 09 equity forecast. J.P. Morgan, the real estate investor, is bullish on real estate development stocks, New World Development (00017-HK), Kerry Construction (00683-HK), Henderson Property (00012.-HK) and Sun Hung Kai Real Estate (00016-HK) as preferred shares. JPMorgan has rated the 4 shares as overweight, with a target price of HK $16.6, HK $34, 46 Hong Kong dollar and HK $96 respectively. But there are also some investment banks in the market that investors should take advantage of the current property stocks higher, every high sell. DBS only as high as director Li Yongliang that real estate stocks have reflected the current price of property sales, low interest rates and other positive factors, the rally is mainly driven by capital rotation speculation, he said that the increase in space has been small, the risk of decline has increased, and suggested that investors should take advantage of selling arbitrage opportunities. As of the close, the new index closed down 0.76%, reported 116991.56 points, a deal of HK $56.292 billion, the Hang Seng index continued to focus on the annual line, Hong Kong real estate stocks continued to strong yesterday, continue to outperform the market; JPMorgan has also recently joined the ranks of Hong Kong's property stocks. The forecast for real estate prices in Hong Kong rose 10% and 5% in 2009 and 2010, on the assumption that the economy should recover gradually from the second half of 09, with the unemployment rate peaking at 6.1% in the second quarter of 09. The property sector's earnings forecast for the 10 fiscal year was up 13% per cent, with sales rising as a result of an increase in the forecast for average selling prices, corresponding to an average increase of 14% in the 09 equity forecast. J.P. Morgan, the real estate investor, is bullish on real estate development stocks, New World Development (00017-HK), Kerry Construction (00683-HK), Henderson Property (00012.-HK) and Sun Hung Kai Real Estate (00016-HK) as preferred shares. JPMorgan has rated the 4 shares as overweight, with a target price of HK $16.6, HK $34, 46 Hong Kong dollar and HK $96 respectively. But there are also some investment banks in the market that investors should take advantage of the current property stocks higher, every high sell. DBS only as high as the director Li Yongliang that the real estate stock current prices have reflected the sale of property, low interest rates, such as favorable factors, the rally is mainly driven by the money rotation hype; he thinks that there is no, the risk of falling has increased, and it is suggested that investors should grasp the opportunity of selling arbitrage if they have benefited. As of the close, New World development Rose 5.22%, reported 14.52 Hong Kong dollar, Kerry Construction rose 4.33%, reported 30.10 Hong Kong dollar, Henderson Property Rose 2.03%, reported 42.80 Hong Kong dollar, Sun Hung Kai property Rose 1.93%, reported 92.65 Hong Kong dollar, letter and real Estate (00083-HK) rose 8.74%, HK $13.94, continue to lead the Hang Seng component stocks. The world grew 5.22% to 14.52 Hong Kong dollar, Kerry construction rose 4.33% to 30.10 Hong Kong dollar, Henderson Real estate rose 2.03%, reported HK $42.80, Sun Hung Kai property Rose 1.93%, reported 92.65 Hong Kong dollar, Sino Real Estate (00083-HK) rose 8.74%, HK $13.94, continue to lead the Hang Seng component stocks.
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