Financial PositionWith net cash of HKD859mn, Tai Cheung is well-positioned to pursue land acquisitions when opportunities arise.
Luxury Home SalesThe decline in HIBOR has lowered mortgage rates, improving homebuyer sentiment and potentially boosting luxury home sales.
Stock ValuationThe stock is trading at a significant discount to the assessed NAV, offering potential upside with a target price set at HKD3.90.