Ge Long Hui A P P·2025-12-11 03:20Group 1 - The core viewpoint of the article is that Hang Lung Properties has announced the acquisition of operational rights for a commercial project in the center of Wuxi through a long-term lease, marking the fourth expansion under its growth strategy, Hang Lung V.3 [1] - Morgan Stanley indicates that despite the company's potential focus on reducing debt in the next 1 to 2 years, it can still discover growth momentum with lower risk [1] - The report reaffirms Hang Lung Properties as a preferred stock, citing continuous improvement in sales for mainland tenants, with expectations for fourth-quarter sales to maintain a year-on-year growth of 10% following the third quarter [1] Group 2 - Morgan Stanley sets a target price of HKD 10 for Hang Lung Properties by June 2026 and maintains an "Overweight" rating [1]