Morgan Stanley published a research report that the Chief Executive released a new "Policy address" yesterday, which will help allay investors' concerns about the recent oversupply and price restrictions in the housing market in Hong Kong, pointing out that the new land (0016.HK) owns 30 million square feet of agricultural land, and the policy address mentioned that speeding up the rapid conversion of agricultural land is positive to the development of the company.

Morgan Stanley believes that SHKP's share price has more than 80% chance of outperforming the market in the next 60 days, and thinks that 57% discount on net asset value and 5% dividend yield are attractive, and set a target price of 139.港Yuan, rating "Increase holdingsThe discount level of target net asset value is 40%, which is lower than the average 45% of local developers.