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22450 MBWHARF@EC2501A (CALL)
RT Nominal unchange0.026 0.000 (0.000%)

09/08/2024 15:34

{I-bank focus}HSBC lowers Wharf Holdings (00004) to HKD17.3

[ET Net News Agency, 9 August 2024] HSBC Global Research lowered the target price for
Wharf Holdings (00004) to HKD17.3 from HKD19.1 and maintained the "reduce" rating.
The research house said it cuts 2024-26e earnings estimates 5.8-9.3% to incorporate
lower sales assumptions for property projects and more cautious assumptions for logistics
business. (rc)

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