Breaking News

Over a month ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Downgrade
Powerlong Real Estate downgraded to Neutral from Buy at Goldman Sachs » 05:41
07/05/22
07/05
05:41
07/05/22
05:41
PWLNF

Powerlong Real Estate

/

+

Goldman Sachs analyst Yi…

Goldman Sachs analyst Yi Wang downgraded Powerlong Real Estate to Neutral from Buy with a price target of HK$1.60, down from HK$3.30. The analyst sees a weaker growth outlook amid a lower booking pace and reduced rental income as well as increasing liquidity pressure.

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.