7 Oct 2022

Media:

Hong Kong Economic Times

Jefferies lists Swire Properties as top stock amid property market lull

In its latest outlook on Hong Kong's property market, Jefferies Group listed Swire Properties as a top stock thanks to the Company's premium quality offices, fast-expanding Chinese Mainland portfolio of assets and consistently growing dividend policy. The investment bank noted while the property market is on a downtrend due to interest rate hikes and structural and macroeconomic factors, the supply and demand in the market remains balanced. It expects companies with an office portfolio to gain more than those exposed to the retail market.

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HKET

7 Oct 2022