The analyst rating for SINO LAND (00083.HK) is a "Buy" based on several factors outlined in the article. Goldman Sachs noted that the company's 1HFY26 results were in line with expectations, with an underlying profit of HKD2.2 billion, despite being impacted by foreign exchange losses from USD-denominated cash deposits. The management's more positive outlook on the Hong Kong property market, which has shown signs of improvement since the end of 2025, supports the potential for gradual price increases for new projects. Additionally, the company recorded significant contracted sales and has further sales yet to be booked. As a result of these factors, Goldman Sachs raised its earnings per share (EPS) forecasts for FY2026-28 and increased the target price from HKD14.6 to HKD15.2, reinforcing their Buy rating.
