The Zhitong Finance App learned that Jefferies released a research report that predicts the distribution of $2.53 per fund unit for the 2024-2025 fiscal year. It is expected that the increase in new assets and repurchases will affect interest rates. Growth is indeed a challenge. It believes that when trading with a yield of 7.2%, many negative factors have already been reflected in the price, and lowered its target price from HK$43 to HK$41, giving it a “buy” rating.

The bank expects Linzhan Real Estate Fund's earnings for FY2025 to rely on new assets and repurchases to offset the impact of debt repricing. It also indicates that the Hong Kong retail industry is facing challenges, but believes that the resilience of Lingzhan's non-discretionary investment portfolio is sometimes ignored, giving priority to developers, followed by landlords.