Glonghui, March 15 | DBS published a research report saying that the luxury property reserves in Wharf may bring considerable returns to the company in the medium to long term, and reconstruction in other regions can also release its land value. Furthermore, the Group is planning to sell its luxury homes, which will become a key catalyst for medium term profits. However, DBS mentioned that the stock price of Wharf has surged 51% over the past six months, outperforming the market by a large margin. From a historical perspective, the stock's attractiveness has declined; it is time to wait for a better market entry point, and its rating was downgraded from “buy” to “hold”, and the target price was raised from HK$23.5 to HK$25.5.