Financial StrengthTai Cheung has a solid financial position with net cash of HKD859mn, enabling it to pursue land acquisitions when opportunities arise.
Luxury Home SalesThe recent HIBOR decline has lowered mortgage rates and improved homebuyer sentiment, making luxury home sales a catalyst for the share price.
ValuationThe stock is trading at a significant discount to the assessed NAV, offering potential upside, with a target price set at HKD3.90.