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Home / Capital / Brokers Calls

EC World REIT started at 'buy' as prime beneficiary of Hangzhou logistics boom

Broker's Calls

EC World REIT started at 'buy' as prime beneficiary of Hangzhou logistics boom

Michelle Zhu Published on Mon, Apr 16, 2018 / 3:27 PM GMT+8

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SINGAPORE (Apr 16): Soochow CSSD Capital Markets is starting coverage of EC World REIT at “buy” with a price target of 88 cents on the belief that the trust is well-positioned to benefit from China’s growing e-commerce market, to which its currently has about a 29% exposure.

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