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Shanghai Forte upside down 7% Macquarie turn to look at 3.5 yuan

Source: Internet
Author: User
Keywords Premium Hong Kong dollar property price
Tags .net accounting asset based business high higher market
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Shanghai, the first time this morning to go high, the share price of the half-day more significantly rose 6.87% to HK $2.49, deal 8.34 million shares.　　Macquarie issued a report saying that the unit's rating from weaker than the big city to better than the big city, the target price from the 1.1 Hong Kong dollar significantly increased by more than twice to 3.5 Hong Kong dollars, based on the 2009 fiscal year, 15.8 times times the target P/E, than the market premium of 41%. Macquarie pointed out that the real estate industry overall sales are stronger than expected, Shanghai property price increases. Shanghai Forte's Shanghai business is relatively high, accounting for about 30% of the net asset value, accounting for about 50% of the profit forecast for fiscal year 2010.

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