Glonghui, June 2, 丨According to UBS Development Research Report, the FTSE EPRA Nareit Global Real Estate Index series announced quarterly adjustment results. Contrary to market expectations, the index continued to include Changshi Group (1113.HK), while Henderson Land (0012.HK) was not included. It is expected that the news will put short-term pressure on Hengdi. According to the bank, since mid-April, Henderson's stock price has outperformed its peers Sun Hung Kai Properties (0016.HK) and Changshi by about 2 to 4 percentage points. Investors have already anticipated that Henderson will be included in the index, while Changshi will be excluded. Looking ahead, given its relatively weak fundamentals, UBS expects Henderson's performance to continue to outperform that of Xindi, maintaining Henderson's “buy” rating, with a target price of HK$31. According to UBS, Changshi's dividend return reached about 5.4% this year, higher than about 5% from SHKP, which is roughly the same as Credit Bank (0083.HK). It is expected that this news will be beneficial to Changshi. It is expected that this news will be beneficial to Changshi, continuing its “neutral” rating, with a target price of HK$47.9.