01 HANG LUNG PPT 34.5 3.8 12.38 547,748 16,296  

Targets HK$34.80

Deutsche Bank keeps Hang Lung Properties (0101.HK)

at Hold as limited upside at the current level;

targets HK$34.80.

Says HLP's China strategy to build and hold prime investment properties is in the right direction, but there's still a long way to go.

Adds, it's getting more difficult to obtain prime China land bank. Stock +0.3% at HK$36.30  

https://modernvalueinvesting.de/hang-lung-properties-aktienanalyse/