Nine Hong Kong real estate developers had their share-price targets raised at JPMorgan Chase & Co. on 'abundant' liquidity and low interest rates that will prompt an increase in housing prices.

Sun Hung Kai Properties, the world’s largest builder by market value, had its price target increased to HK$135 from HK$96 and Cheung Kong (Holdings), controlled by billionaire Li Ka-shing, had its target raised to HK$100 from HK$87, JPMorgan wrote in a note to clients.

bloomberg.com