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<Research>BofAS Ratings, TPs on CN Developers (Table)
Recommend
23
Positive
34
Negative
14
Shares | Ratings | Target prices (HK$)

H Shares
C&D INTL GROUP(01908.HK) | Buy | 21.4 -> 18.6
CHINA OVERSEAS(00688.HK) | Buy | 16 -> 15
CHINA RES LAND(01109.HK) | Buy | 39 -> 36
YUEXIU PROPERTY(00123.HK) | Buy | 5.9 -> 5
CHINA VANKE(02202.HK) | Underperform | 5.7 -> 3.3
LONGFOR GROUP(00960.HK) | Buy | 12 -> 11
SEAZEN(01030.HK) | Buy | 3.2 -> 2.7
ONEWO(02602.HK) | Underperform -> Neutral | 20 -> 24

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A Shares
BINJIANG GP (002244.SZ)| Buy | RMB13.5 → 11.8
MERCHANTS SHEKOU (001979.SZ) | Underperform | RMB10.5 → 9.5
POLY DEVELOPMENTS (600048.SH) | Underperform | RMB7.5 → 6.8
VANKE A (000002.SZ) | Underperform | RMB6 → 3.5
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