limitlesscasinocomnodepositbonus| Big Bank Rating| Jefferies: Lowering Hang Lung Properties 'target price to HK$8 and lowering its 2024 - 26 profit forecast

Jefferies issued a report statinglimitlesscasinocomnodepositbonus, Hang Lung Properties 'share price has been adjusted by 26% since the beginning of the year, a decline exceeding the industry average by about 10%limitlesscasinocomnodepositbonusThe level of equity is mainly due to the market's focus on local retail prospects and the dilutive effect of scrip dividends. Rental income may fall this fiscal year amid the recovery of cross-border tourism, a weak yen and fierce market competition. High capital expenditure will lead to a high debt ratio and increase interest costs. The combination of factors will cause difficulties in the coming year. It will also pose a risk to dividend per share. It holds a "hold" rating and lowers its target price from HK$9 to HK$8. The bank lowered its 2024 - 2026 profit forecast by 13% to 28% to reflect local luxury consumption and interest rate prospects, and lowered its dividend per share forecast for fiscal 2024 to 0limitlesscasinocomnodepositbonus.6 Hong Kong dollars, equivalent to a dividend yield of 7limitlesscasinocomnodepositbonus.5%。