UBS: Cuts Hang Lung Properties (00101.HK) target price by 27.1% to HK$7, maintains "Neutral" rating.

Zhitong Finance APP has learned that UBS issued a research report stating that it has lowered the target price of Hang Lung Properties (00101.HK) by 27.1%, from HK$9.6 to HK$7, while maintaining a "Neutral" rating. This downward revision mainly reflects Shanghai's commercial land renewal policy, as well as the bank's latest channel checks on luxury retail trends in the third quarter of 2026.