Singapore Stock Market News

CapitaLand - Reaffirming Sino-Singapore Strategy

StockFanatic
Publish date: Tue, 03 Dec 2013, 12:49 PM
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Putting the pieces in place. We recently visited a number of CapitaLand and CMA's projects in Shanghai, Guangzhou and Shenzhen and walked away optimistic that the Group has put in place the necessary framework and is executing towards achieving a sustainable ROE of 8-12%.

We believe the CapitaLand group currently has a competitive edge over its competitors in China, particularly with integrated developments. Maintain BUY, TP unchanged at SGD4.10.
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