New Hope Service Holdings Limited, the Real Estate sector company, was revisited by a Wall Street analyst on September 2. Analyst Miao Zhang from CMB International Securities maintained a Buy rating on the stock and has a HK$2.50 price target.
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Miao Zhang’s rating is based on New Hope Service Holdings Limited’s strong performance in the first half of 2025, where the company demonstrated resilience and growth in its core business areas. The company’s revenue and net profit increased in line with market expectations, with a notable 15% year-over-year growth in basic property management revenue driven by robust third-party expansion. This expansion was supported by strategic partnerships that significantly contributed to project volume and quality, highlighting the company’s effective strategy in a competitive market.
Miao Zhang also noted the company’s increased dividend payout ratio, which was raised to 70%, resulting in an attractive dividend yield of approximately 11%. Despite some challenges in commercial operations and non-owner value-added services, the company’s focus on high food safety standards and strategic partnerships positions it well for future growth. These factors, combined with a slight adjustment in the target price to reflect modest earnings revisions, underpin the Buy rating recommendation.
In another report released on August 19, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a HK$2.00 price target.