A report from Lyon pointed out that the listing of The Wharf's proposed spin-off investment property was a pleasant surprise, helping to stimulate the share price, raising the target price by 32% to 58 yuan, rated as "sell". The bank also pointed out that Times Square and Harbour City will face two major risks, one is the devaluation of the RMB, and the other is the mainland's support for onshore consumption.
里昂﹕九仓(00004-HK)拟拆投资物业予惊喜
Lyon: Wharf (00004-HK) plans to demolish investment property as a surprise
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