Morgan Stanley published a technical opinion report, giving Shun Tak Group (00242.HK) an “outperform the market” rating, with a target price of 4.1 yuan.

Daimo expects Sindh Group's stock price to outperform the market within the next 60 days. Since the stock has recently been adjusted, the market account ratio is only 0.25 times (close to the 2008/09 low), making short-term valuations attractive.

The bank believes that the recovery of the Macau property market and the improvement in property market trading volume can drive the performance of Sindh International's stock price. It is expected that the probability of such occurrence is about 70 to 80%.