Glonghui, March 7, 丨 According to the Daimo Development Research Report, it is expected that the stock price of Sun Hung Kai Properties (0016.HK) will outperform the market in the next 60 days. It indicates that the company is promoting phase 2B of Novo Land in Tuen Mun, a large-scale new development project. 352 units have already been sold, with an average sales price of HK$14,000 per square foot. It is expected to be sold in a second round this week, involving 171 companies. In addition, SHKP also expects to launch major projects such as Pak Shek Kok University Hill and Yuen Long Yoho Hub Phase II in the coming months, which will act as a catalyst for stock prices in the short term. Daimo believes that SHKP holds the largest share of saleable resources below HK$10 million. It should benefit from the Hong Kong government's announcement to lower the stamp duty for first-time buyers. It expects strong sales performance and gives a target price of HK$122. The rating is “increase in holdings.” The stock is currently reported at HK$109.4, with a total market value of HK$317 billion.