[ET Net News Agency, 21 January 2025] HSBC Global Research lowered the target price for
Kerry PPT (00683) to HKD19 from HKD19.6 and maintained the "buy" rating.
The research house said it lowers 2024-26e earnings by 7.6-8.9% to incorporate lower
rental projections, revised FX assumptions and property bookings such as Mont Verra. (rc)