CICC International: Maintain Buy rating on Link REIT (00823.HK) with a target price of HK$45.70.

Wisdom Financial APP learned that China International Capital Corporation released a research report stating that Link Real Estate Investment Trust (00823.HK) performed in line with expectations in the 2026 fiscal year, with operating pressure and dividend distribution meeting expectations. Meanwhile, Link Real Estate, with a main focus on essential consumption, has shown resilience in facing the influx of consumers from the north. The company believes that its performance in the 2026/27 fiscal year can remain stable, and that share buybacks and the possible inclusion of real estate trusts in the Hong Kong stock connect scheme could serve as catalysts for the company's stock price in the medium to long term. The company maintains a buy rating and a target price of HKD 45.70.