Added to YB: 2025-03-05
Pitch date: 2025-01-13
0823.HK [bullish]
Link Real Estate Investment Trust
+19.12%
current return
Author Info
No bio for this author
Company Info
Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world.
Market Cap
HKD 95.5B
Pitch Price
HKD 29.20
Price Target
N/A
Dividend
7.29%
EV/EBITDA
16.85
P/E
-41.49
EV/Sales
11.32
Sector
Retail REITs
Category
dividend
LINK REIT - $0823.HK
0823.HK: Contrarian play on Chinese deflation & low rates. 9% yield REIT, 75% HK assets, 19.5% gearing. Catalysts: likely Stock Connect inclusion (March), potential dividend tax removal. Bullish on HK high-yield stocks as CNY becomes carry trade currency. 70% down from peak, attractive vs CN/US 10Y. Risks: stagnant growth, HK market weakness.
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