智通财经网·2025-10-02 03:13Core Viewpoint - The report from CITIC Securities indicates that Chow Tai Fook Enterprises (00659) is expanding its logistics business through the acquisition of a logistics property in Dongguan, which is expected to contribute to profitability immediately after completion [1] Group 1: Business Expansion - Chow Tai Fook Enterprises is acquiring a logistics property in Dongguan to enhance its logistics operations [1] - The group's non-greenfield properties are fully leased, indicating effective utilization of assets [1] Group 2: Financial Projections - The rental occupancy rate for the group's logistics properties is expected to remain stable at 85.7% for the fiscal year 2025 [1] - The overall rental yield for the fiscal years 2024-25 is projected to be between 4.3% and 4.9% [1] Group 3: Analyst Rating - CITIC Securities maintains a "Outperform" rating for Chow Tai Fook Enterprises with a target price of HKD 8.7 [1]