Daiwa: Expects New World Development (00083.HK) to potentially stop using stock dividends after next year, target price raised to HK$9.50.

According to TMTPost Finance APP, Morgan Stanley released a research report stating that based on asset net value (NAV) and property price forecast, the outlook for property prices is improving. The estimated discount of NAV has narrowed from 50% to 40%, and the target price for Sun Hung Kai Properties (00083.HK) has been raised from the original 8.6 Hong Kong dollars to 9.5 Hong Kong dollars, maintaining a "synchronous with the market" rating.