The Zhitong Finance App learned that Lyon released a research report stating that the target price of China Resources Land (01109.HK) was lowered from HK$42.4 to HK$40.8, maintaining the “outperforming the market” rating. The bank pointed out that although Rundi's performance is lower than that of leading state-owned enterprises in the short term due to concerns that profit forecasts may be lowered and sales growth in shopping malls will slow, its positive medium- to long-term outlook remains unchanged, and the company is still one of the bank's preferred stocks in the Chinese real estate sector for the next 12 months.

The Zhitong Finance App learned that Lyon released a research report stating that the target price of China Resources Land (01109.HK) was lowered from HK$42.4 to HK$40.8, maintaining the “outperforming the market” rating. The bank pointed out that although Rundi's performance is lower than that of leading state-owned enterprises in the short term due to concerns that profit forecasts may be lowered and sales growth in shopping malls will slow, its positive medium- to long-term outlook remains unchanged, and the company is still one of the bank's preferred stocks in the Chinese real estate sector for the next 12 months.