01109 Should I Buy

CICC believes that CHINA RES LAND's recent asset divestment plans and corporate transformation during the 15th Five-Year Plan period are significant for understanding its long-term value. The broker emphasizes the need for a new valuation methodology to reflect the company's evolving business structure and sees CHINA RES LAND as a highly attractive long-term investment in the real estate sector, particularly due to its innovative business model and the establishment of a multi-tiered REITs market.