Grandway Research: Maintains a 'buy' rating on China Res Land, with the target price lowered to HK$32.4.

Daiwa Capital Markets released a research report stating it maintains a "buy" rating for china res land (01109), and has reduced its earnings forecasts for 2025 and 2026 by 4.5% and 10.4% respectively, with a corresponding target price cut of 14%, from HKD 37.67 to HKD 32.4. The firm noted visits to the Runhong City in Shenzhen's Guangming District and the china res mixc (01209) mall in Nanshan District; it mentioned that Runland's latest property sales and shopping mall tenants both recorded good growth, although the growth in November slightly slowed down, it still showed improvement compared to the third quarter. Runland's management is bullish on the profit margins of development properties next year and remains cautious.

Sina Hong Kong Stock04:13 ET

China Resources Land: Positioned for Success With Strong Recurring Income and Strategic Growth

TipRanks03:27 ET

CR Land-China Overseas Land JV Wins Bid for Shenzhen Site

MT Newswires03:09 ET

Dahua Jixian: Maintains a "buy" rating on China Res Land (01109), with the target price lowered to HK$32.4.

The management of Rundi is bullish about next year's property profit margins and is cautious regarding consumer growth.

Zhitong Finance01:06 ET

The Shenzhen real estate market has added "four fires."

Stabilizing after a decline.

Gelonghui Finance21:18 ET

Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.

① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.

cls.cn18:12 ET