The era of "good houses" has begun! The new regulations from the Ministry of Housing and Urban-Rural Development raise the standards for Residences, which will create what kind of "catalyst effect"?

① The Ministry of Housing and Urban-Rural Development today released the national standard "Residential Project Specification," which is significant as it not only pertains to the improvement of building standards but will also impact the supply and demand structure, development logic, and consumer trends in the Real Estate market; ② Following the publication of the "Specification," a series of related issues have drawn attention from various parties, including whether it will increase construction and installation costs, and whether it will impact existing projects on sale.

cls.cnMar 31 11:20 ET

Kerry Real Estate: In March, the land market continued to warm up with reduced volume, and the CityDev expectations in core cities improved significantly.

Kerry Real Estate announced that in March 2025, the land market continues to show a trend of reduced volume, with the transaction volume still experiencing a year-on-year decline, but the proportion of transactions in first and second-tier cities is increasing.

Zhitong FinanceMar 29 04:48 ET

China Resources Land Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Simply Wall StMar 28 18:59 ET

Nomura Adjusts China Resources Land's Price Target to HK$30.70 From HK$29.80, Keeps at Buy

MT NewswiresMar 28 04:56 ET · Ratings

Goldman Sachs: Reaffirmed CHINA RES LAND 'Buy' rating, Target Price raised to HKD 36.

Goldman Sachs released a Research Report stating it reaffirms CHINA RES LAND (01109) with a "Buy" rating, raising the Target Price to HKD 36. The basic profit for CHINA RES LAND in the 2024 fiscal year is RMB 25.4 billion, an 8% year-on-year decline, but exceeding Goldman Sachs' expectations by 22%. Management expects the contract sales gross margin to bottom out and recover in 2025. Goldman Sachs predicts that the reported gross margin for the company's property development business will recover from about 16% between 2025 and 2026 to 18% in 2027. It is forecasted that 35% of its contract sales over the next three years will be used for land reserves, which will drive the free cash flow to continue expanding, supporting potential dividends.

Sina Hong Kong stocksMar 28 04:30 ET

Nomura: Maintains the "Buy" rating for CHINA RES LAND with a Target Price raised to 30.7 HKD.

Nomura released a Research Report stating that CHINA RES LAND (01109) 2024 performance is roughly in line with expectations, with Net income falling 9% year-on-year to 25.4 billion yuan, compared to the bank's forecast of 25.6 billion yuan. The annual gross margin is 21.6%, remaining at a low level, mainly due to the confirmation of projects with lower profit margins during the period. Expecting to benefit from a potential macroeconomic recovery driven by the dual engines of commercial operations and development, Nomura believes that CHINA RES LAND can gain from this, maintaining a Buy rating and raising the Target Price from HKD 29.8 to HKD 30.7. In response to the lowered profit margin expectations in the Real Estate Development business, Nomura adjusted CHINA RES LAND.

Sina Hong Kong stocksMar 28 01:53 ET