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APAC Realty kept at 'buy' on entry into China

Stanislaus Jude Chan
Stanislaus Jude Chan8/31/2018 11:03 AM GMT+08  • 2 min read
APAC Realty kept at 'buy' on entry into China
SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China.
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SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China.

“APAC’s entry into Hainan market offers a stepping stone to tap into the vast potential of China’s real estate market,” says analyst Vijay Natarajan in a Friday report.

APAC Realty on Aug 29 entered a joint venture to conduct brokerage and real estate businesses in China’s Hainan province.

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