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Shun Tak Group Falls 6.64% for half a while Goldman Sachs maintains buying

Source: Internet
Author: User
Keywords Hong Kong dollar property price
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The Shun Tak Group (00242-HK) fell 6.64% in half a half-day, reported HK $4.64, a deal of HK $25.6693 million, and the stock index fell 3.16% in the early trading market. Despite news that Icelandic investors have given up on the purchase of a lakeside property in Macau, Goldman has maintained the buying rating of the unit at a target price of HK $5.80.　　The bank still believes that faith is a good tool for investing in Macao's recovery, with property prices and volumes rebounding sharply since March. On the purchase, Goldman Sachs said that, although the profit or decline in the credit this year, but if the current market price per square foot of 4500-5000 Hong Kong dollars sold, it would be better financially.

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