Analysts mixed on outlook for Sun Hung Kai Properties’ shares after slight profit rise
Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay…