Initiating Coverage on Narrow-Moat-Rated Champion REIT With 1-Star Recommendation
Office rentals in Central, Hong Kong continue to reach new highs at the end of 2017 on tight vacancy and sustained demand from mainland banks and corporates. A number of existing international firms in Central are also expanding as the global economic conditions improve. With the Chinese economy maintaining its growth trajectory, albeit at a slower rate, we believe overall office demand in Hong Kong will continue in 2018. There is no additional Grade A office supply in Central in the medium term...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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