Glonghui, Feb. 27 | Citigroup released a report stating that Sino Real Estate's cash on hand reached HK$43.3 billion, and the stock price was undervalued. Although the bank expects weak demand to affect the company's Hong Kong development profits and office revenue, the related negative effects will be partially offset by higher interest income generated by strong net cash conditions in a high-interest environment. The bank believes that despite the decline in credit profit, the bank expects dividends per share to increase by 2% in the 2024 fiscal year due to management's promise to steadily increase its dividend rate policy regardless of profit fluctuations. However, as interest rates peaked, their investment theory was slightly damaged, and investors had no immediate reason to hold a credit. The bank maintained a “buy” rating on Credit Suisse, indicating that the dividend rate for the current fiscal year is expected to be around 7.1%, and the target price was slightly lowered from HK$9.2 to HK$9.1.