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<Research>G Sachs Elevates SHK PPT (00016.HK) TP to $164 as 1HFY2026 Results in Line
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SHK PPT (00016.HK)'s 1HFY2026 results for the period ended December 2025 were in line with expectations, Goldman Sachs issued a research report saying. During the analyst briefing, the Company also expressed a more optimistic outlook for its Hong Kong property business.

Considering the slightly higher development profit margins of some of its property projects in Hong Kong, Goldman Sachs raised its FY2027-2028 EPS forecasts for SHK PPT by 2-13%, and elevated its target price from $159 to $164, with rating kept at Buy.

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