BofA Securities believes that the recent pullback in CHINA RES MIXC's share price presents a buying opportunity. The company's same-store sales growth (SSSG) is expected to significantly exceed market performance, alleviating concerns about growth slowdowns due to weak consumption in Mainland China. The company has shown solid growth and is well-positioned to adapt to new consumption trends, with expected SSSG reaching high single digits this year. Additionally, China's consumption support measures and potential stabilization in the property market are seen as short-term catalysts for the company. Therefore, BofA maintains a Buy rating with a target price of HKD51.
