Lyon: Uplifted New World Development (00016.HK) rating to "outperform the market" target price raised to 110 Hong Kong dollars.

Zhixin Finance APP learned that Lyon released a research report stating that due to the recovery of the Hong Kong real estate market, the target price of New World Development (00016.HK) has been raised from 63.6 Hong Kong dollars to 110 Hong Kong dollars, and the rating has been upgraded from underperforming the market to outperforming the market.