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Sun Hung Kai Properties Limited (ADR) (SUHJY) [hlAlert]

Rating:
Overweight
SUHJY
3 Months Gains
down 14.44 %

Sun Hung Kai Properties Limited (ADR) (SUHJY) rated Overweight by HSBC Securities

Posted on: Wednesday,  Mar 6, 2013  8:25 AM ET by HSBC Securities

Sun Hung Kai Properties
Limited (ADR) (OTCBB: SUHJY) rated Overweight by HSBC Securities.

Sun Hung Kai Properties Limited is engaged in holding investments in various subsidiaries. The Company is engaged in the development of and investment in properties for sale and rent. In Hong Kong its operations include property development, property investment, property related businesses, telecom and information technology, and transportation, infrastructure and logistics. Its Mainland China operations include property development and property investment. In December 2008, the Company acquired an additional 51% interest in Kamford Hong Kong Ltd. In June 2009, it acquired 100% interest in Park Island Transport Company Limited.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2013 8:25 AM Buy
None
15.09
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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