Sou Hu Cai Jing·2025-10-31 10:47Core Viewpoint - China Overseas Development (00688.HK) announced that the Huaxia China Overseas Commercial Asset Closed-End Infrastructure Securities Investment Fund (REIT) will be listed on the Shenzhen Stock Exchange starting October 31, 2025, with the trading code 180607.SZ [1] Group 1: Company Performance - As of October 31, 2025, China Overseas Development closed at HKD 13.03, down 1.59%, with a trading volume of 22.56 million shares and a turnover of HKD 296 million [1] - The market capitalization of China Overseas Development is HKD 144.91 billion, ranking 3rd in the Real Estate Development II industry [2] - Key financial metrics include: - Return on Equity (ROE): 3.63%, compared to the industry average of -19.07% [2] - Revenue: HKD 181.44 billion, against the industry average of HKD 17.70 billion [2] - Net Profit Margin: 11.45%, while the industry average is -142.2% [2] - Gross Profit Margin: 17.38%, compared to the industry average of 12.84% [2] - Debt Ratio: 53.66%, lower than the industry average of 67.54% [2] Group 2: Analyst Ratings - The majority of investment banks have a "Buy" rating for China Overseas Development, with 11 banks issuing buy ratings in the last 90 days [1] - The average target price over the last 90 days is HKD 18.95 [1] - Notable ratings include: - Guolian Minsheng Securities: Buy [1] - Caitong Securities: Hold [1] - First Capital: Buy with a target price of HKD 19.35 [1] - Huachuang Securities: Recommend with a target price of HKD 20.00 [1] - Other banks have also issued buy or hold ratings with various target prices [1]