Should You Buy CHINA RES LAND (01109) Today? Analysis, Price Targets, and 2026 Outlook.
No data
No data
Growth
Profitability
Efficiency
Wall Street analysts forecast 01109 stock price to rise
0 Analyst Rating
0
Wall Street analysts forecast 01109 stock price to rise
0 Buy
0 Hold
0 Sell
0
Current: 30.000
Low
0
Averages
0
High
0
0
Current: 30.000
Low
0
Averages
0
High
0
Citi
Citi
Buy
maintain
$43
AI Analysis
2026-06-23
Reason
Citi
Citi
Price Target
$43
AI Analysis
2026-06-23
maintain
Buy
Reason
Citi has become more positive on CHINA RES LAND due to a significant 38% year-on-year growth in contracted sales in May, which has accelerated the year-to-date growth to 10%. The bank anticipates the company will launch more projects in the third quarter of 2026 to support sales growth. Additionally, the spin-off of a Chengdu shopping mall into a closed-end REIT is expected to generate over RMB2 billion in gains in the first half of 2026, providing a buffer for earnings and dividends despite ongoing pressure on gross margins. Citi maintains a Buy rating and a target price of HKD43, indicating a 40% discount to the forecasted net asset value per share for 2026.
HSBC
HSBC Global Investment Research
Buy
maintain
$43.8
2026-06-22
Reason
HSBC
HSBC Global Investment Research
Price Target
$43.8
2026-06-22
maintain
Buy
Reason
HSBC Global Investment Research maintains a Buy rating for CHINA RES LAND due to its recent acquisition of a shopping mall, which is expected to enhance rental income and earnings growth. The acquisition exceeded market expectations and is seen as a positive move despite concerns about asset disposals. The firm anticipates that the repositioning of the asset as a mid-end shopping mall will support future growth.
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