Group 1 - The core viewpoint of the article is that the Hong Kong residential market is recovering as demand rebounds, with new supply expected to gradually decrease starting this year or next [1] - The improved supply-demand outlook is anticipated to sustain the recovery momentum in the residential market, which is favorable for Midland Holdings (01200) [1] - The report predicts that residential property prices will rise by 5% to 10% this year, with transaction volumes in the primary and secondary markets increasing by 5% and 8% respectively, which should boost Midland Holdings' profitability and stock price [1] Group 2 - The earnings forecasts for Midland Holdings have been raised by 29% and 22% for the years 2025 and 2026 respectively [1] - The target price for Midland Holdings has been adjusted to HKD 3.61, and the company has been given a "Buy" rating [1]
星展：料今年香港楼价升5%至10% 升美联集团(01200)目标价至3.61港元