Streetbeat News

SUHJY

Sun Hung Kai Properties Ltd.

https://www.shkp.com

Open

8.99

Mkt cap

26B

Volume

11K

High

8.99

P/E Ratio

10.65

52-wk high

12.00

Low

8.93

Div yield

0.05

52-wk low

8.35

Sun Hung Kai Properties (SUHJY) is recommended as a Buy due to its strong business model, financials, and low P/B ratio. Despite challenges in Hong Kong's markets, its proactive management and low debt-to-assets ratio enhance its investment appeal.

Portfolio Pulse from

December 12, 2024 | 4:30 am

The Hong Kong real estate market is facing a potential bubble burst due to a sharp decline in property prices and a surge in mortgage applications. Major real estate developers like Country Garden Holdings Limited and China Evergrande Group have seen significant drops in their stock prices. Local banks like China Construction Bank Corporation and Bank of China Limited have also been affected. Despite government interventions and stimulus policies, the market remains unstable.

Portfolio Pulse from Daniel Harrison

October 06, 2023 | 3:52 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.