Company Flash Note Hong Kong

1% pt yoy improvement in FY21F gross margin. Reiterate Add with an unchanged TP of HK$9.8 (0.3x PEG). Reuters: Likely to meet FY21F growth target for GFA under management TN targets Dec-21Fgrowth of c.42m sq m in GFA under management in FY21F, with 19m sq m from third-party (3P) bidding and another 19m sq m from M&A. ................
................