CICC released a research report saying that there has recently been a systematic correction in the real estate sector. It is believed that China Resources Land's medium- to long-term first curve operation is resilient, and the second three curve business growth rate is steady. It is recommended to focus on potential allocation opportunities after market sentiment stabilizes. The bank maintained its profit forecast for 26/27, corresponding to RMB 218.22.7 billion, or -3%/+4% year-on-year. The current stock price corresponds to 0.58 times/0.54 times 26/27 P/B. Maintaining an outperforming industry rating, considering the company's sufficient saleable resources, stable leverage ratio, and relative resilience on the operating side, the bank maintained its target price of HK$46.7 per share, corresponding to 0.94 times/0.88 times 26/27 P/B, corresponding to 61% upward space.

CICC released a research report saying that there has recently been a systematic correction in the real estate sector. It is believed that China Resources Land's medium- to long-term first curve operation is resilient, and the second three curve business growth rate is steady. It is recommended to focus on potential allocation opportunities after market sentiment stabilizes. The bank maintained its profit forecast for 26/27, corresponding to RMB 218.22.7 billion, or -3%/+4% year-on-year. The current stock price corresponds to 0.58 times/0.54 times 26/27 P/B. Maintaining an outperforming industry rating, considering the company's sufficient saleable resources, stable leverage ratio, and relative resilience on the operating side, the bank maintained its target price of HK$46.7 per share, corresponding to 0.94 times/0.88 times 26/27 P/B, corresponding to 61% upward space.