大行评级｜大摩：相信恒隆地产未来60日内将跑赢大市 目标价9港元

Core Viewpoint - Morgan Stanley believes that Hang Lung Properties' stock price will outperform the market in the next 60 days, with an estimated probability of over 80% [1] Group 1: Market Trends - There is an observed improvement in China's luxury retail sales, driven by a rising stock market, improved market sentiment, increased attention on local brands, and a rise in inbound tourism [1] Group 2: Company Valuation - Hang Lung Properties has an attractive price-to-book ratio of 0.3 times and a dividend yield of 6.5% [1] - Morgan Stanley sets a target price of HKD 9 for Hang Lung Properties and rates it as "Buy" [1]