Citigroup's research report states that the target price has been revised upward by 1.7%, from HKD 87 to HKD 88.5, maintaining a "buy" rating. Citigroup expects moderate growth in SHK PPT's profit and dividends. The current dividend yield is approximately 5.2%. $SHK PPT (00016.HK)$ Citigroup's research report states that the target price has been revised upward by 1.7%, from HKD 87 to HKD 88.5, maintaining a "buy" rating. Citigroup expects moderate growth in SHK PPT's profit and dividends. The current dividend yield is approximately 5.2%.

The bank pointed out that considering that New World has some properties with better profit margins pre-sold; recurring income recorded a 1%-2% growth; and benefited from government land sales, a large amount of pre-sales not yet accounted for, and the rising space of the datacenter business, it is believed that New World's profits seem to have bottomed out.