HYSAN DEVELOPMENT (14.HK) : N: GOOD MOMENTUM AT HYSAN PLACE AHEAD OF FIRST-YEAR ANNIVERSARY
汇丰银行(中国)有限公司2013-08-06
Better-than-expected 1H13 results with solid growth in interim DPS (+29% y-o-y) and book value (+4% h-o-h) Hysan Place office leasing reached 93% (committed) Maintain Neutral rating with a revised price target of HKD37.5 (from HKD40.5), offering 10.6% potential return