Analyst
Analyst
Top Stories
Company Update | Link REIT (823 HK/BUY/HK$37.28/Target: HK$44.30)
Redevco CEO Neil Andrew Slater will be appointed as the new CEO of Link, effective 1 Mar 27. At the analyst briefing, management promised no change to Link’s strategic focus on retail properties in APAC (back-to-basics strategy). Non-core assets disposal will continue to support share buybacks. There are also no plans to expand to Europe. This latest move will remove key uncertainties and bring in new network and management expertise to Link. Maintain BUY with an unchanged target price of HK$44.30.
Company Update | NAURA Technology Group Co (002371 CH/BUY/Rmb803.60/Target: Rmb930.00)
NAURA's 2Q26 results are likely to be uneventful, with revenue expected to grow 36.6% yoy to Rmb10.8b and net profit up 5.2% yoy to Rmb1.7b on margin pressure and elevated R&D spend. However, order momentum continues to accelerate, underpinned by sustained memory and advanced logic capex through 2026-28 and rising import substitution. Any pullback during the results period is an opportunity to accumulate. Maintain BUY and raise target price to Rmb930.00.
Technical Analysis
J&T Global Express | 1519 HK
Support levels: HK$9.27/HK$8.76
Resistance levels: HK$10.31/HK$11.25
Kuaishou Technology | 1024 HK
Support levels: HK$41.52/HK$39.72
Resistance levels: HK$53.50/HK$57.00
Top Stories
Company Update | Link REIT (823 HK/BUY/HK$37.28/Target: HK$44.30)
Redevco CEO Neil Andrew Slater will be appointed as the new CEO of Link, effective 1 Mar 27. At the analyst briefing, management promised no change to Link’s strategic focus on retail properties in APAC (back-to-basics strategy). Non-core assets disposal will continue to support share buybacks. There are also no plans to expand to Europe. This latest move will remove key uncertainties and bring in new network and management expertise to Link. Maintain BUY with an unchanged target price of HK$44.30.
Company Update | NAURA Technology Group Co (002371 CH/BUY/Rmb803.60/Target: Rmb930.00)
NAURA's 2Q26 results are likely to be uneventful, with revenue expected to grow 36.6% yoy to Rmb10.8b and net profit up 5.2% yoy to Rmb1.7b on margin pressure and elevated R&D spend. However, order momentum continues to accelerate, underpinned by sustained memory and advanced logic capex through 2026-28 and rising import substitution. Any pullback during the results period is an opportunity to accumulate. Maintain BUY and raise target price to Rmb930.00.
Technical Analysis
J&T Global Express | 1519 HK
Support levels: HK$9.27/HK$8.76
Resistance levels: HK$10.31/HK$11.25
Kuaishou Technology | 1024 HK
Support levels: HK$41.52/HK$39.72
Resistance levels: HK$53.50/HK$57.00
Analyst
Analyst
IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at the following link: https://research-api.uobkayhian.com/assets/disclaimer/0e6d602f-adeb-45f8-9dea-5d5591daae87, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.
