The Zhitong Finance App learned that Lyon released a research report stating that Sino Real Estate (00083.HK)'s basic profit for the 2026 fiscal year fell 6% year on year to HK$4.789 billion, which is roughly in line with the bank's forecast. The bank lowered its profit forecast for FY2027/FY2028 by 3%/8.2%, respectively, to reflect changes in project completion time. As a result, the target price was lowered from HK$12.1 to HK$11.3 to take into account recent adverse factors in the housing market. Reiterates the “outperform the market” rating.

The Zhitong Finance App learned that Lyon released a research report stating that Sino Real Estate (00083.HK)'s basic profit for the 2026 fiscal year fell 6% year on year to HK$4.789 billion, which is roughly in line with the bank's forecast. The bank lowered its profit forecast for FY2027/FY2028 by 3%/8.2%, respectively, to reflect changes in project completion time. As a result, the target price was lowered from HK$12.1 to HK$11.3 to take into account recent adverse factors in the housing market. Reiterates the “outperform the market” rating.