TheScreener - Shimao Group Holdings Limited (00813) SHIMAO GROUP HOLDINGS sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

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SHIMAO GROUP HOLDINGS sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

The independent financial analyst theScreener just awarded an improved star rating to SHIMAO GROUP HOLDINGS (HK), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis date February 11, 2022, the closing price was HKD 6.70 and its target price was estimated at HKD 3.92.

12/02/2022 1 EN

Underlying

Shimao Group Holdings Limited

Shimao Property Holdings is an investment holding company. Through its subsidiaries, Co. is principally engaged in property development, investment and hotel operation in the People's Republic of China. Co. develops commercial properties through its 64.12% owned subsidiary Shanghai Shimao Co., Ltd. As of Dec 31 2014, Co. had 104 projects in 41 cities in the country.

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KYG810431042 Hong Kong Stock Exchange Cayman Islands

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TheScreener

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SHIMAO GROUP HOLDINGS sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

Empowering Investors

China Property: COVID-19 restrictions are key short-term risk; Rising possibility of easing of financing rules.

China Property: Divergence between cities widening; recovery deferred by lockdowns.

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AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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