Shimao Property Holdings Ltd<0813>, which is engaged in real estate development, investing and hotel operation, has raised its full-year contracted sales target to RMB 20 billion from RMB 17 billion and its construction target to 2 million square meters of gross floor area from 1.7 million sq m.In the first eight...
U.S.-based financial services company Citigroup Inc recently raised its target price for shares of Hopson Development Holdings Ltd<0754> to HK$15.47 from the previous HK$9.87 and retained its "buy" rating for the Hong Kong-listed developer.Citigroup said in a report that there still exists management risk in...
TOKYO, Sept 17 - Nissan Motor Co said on Thursday it expects its Chinese vehicle sales to climb 18 percent above its initial target of 570,000 units this year, helped by the government's tax incentives...
Macquarie Securities Ltd, a brokerage unit of Australia's Macquarie Group Ltd, Tuesday reaffirmed its "neutral" rating for Sunlight Real Estate Investment Trust<0435>, raising the stock's target price to HK$2 from the previous HK$1.5.The brokerage believes it will be difficult for the REIT to continue to increase its...
* Aims to maintain or raise offshore order target in 2010 * Offshore business to recover in 2010 on energy demand * Expects to win orders from Brazil, Russia and Africa * Expects momentum when...
U.S.-based Citibank today said it will retain the rating of 鈥渟ell鈥� for Sun Hung Kai Properties<0016>, but raised the stock鈥檚 target price to HK$86.08 from the previous HK$75.33.The lender projected a 12% decline in Sun Hung Kai Properties' net profit for fiscal 2009.Swiss investment bank UBS AG recently said...
Switzerland-based Credit Suisse Group AG recently lowered its target price for shares of Kerry Properties Ltd<0683> to HK$36.3 and retained its "underperform" rating for the Hong Kong-listed property developer. The Swiss bank said in a report that Kerry Properties' underlying profit in the first half of this year was 31%...
Guoco Capital Ltd, a wholly-owned subsidiary of Hong Kong-listed Guoco Group Ltd<0053>, recently reaffirmed its "buy" rating for Shimao Property Holdings Ltd<0813> and set the stock's target price at HK$17.7.Shanghai-based Shimao Property, which is engaged in real estate development, investing and...
BRASILIA, Sept 9 - Brazil's Environment Minister Carlos Minc said on Wednesday that U.S. targets for greenhouse gas emissions were unacceptable and that it should seek reductions of at least 20 percent over levels in...
Hong Kong-listed Agile Property Holdings Ltd<3383> said it had achieved 81% of its contracted sales target for 2009 as of the end of August, sources reported.During the first eight months, the company's contracted sales area reached 1.84 million square meters. However, the company did not provide any...