China Resources Land Sets 2026 AGM With Dividend and Buyback Mandate on Agenda

TipRanksMay 14 18:35

Daiwa: The real estate sector in China is not experiencing a full recovery; Country Garden (01109.HK) and China Overseas Land & Investment (00688.HK) remain top picks.

Daiwa published a research report indicating that since April, shares in the domestic real estate sector have rebounded more than 20% from their lows, primarily driven by the perception that first-tier cities, particularly Shanghai, have bottomed out. However, the firm remains unconvinced that this recovery represents a structural shift, as both developers and buyers currently lack confidence. The firm explained that April's real estate sales exceeded expectations, especially during the traditionally off-peak season. Sales of new and second-hand residential properties increased year-on-year by 2.4% and 5.0%, respectively, with the recovery being particularly pronounced in first-tier cities, where sales of new and second-hand properties surged by 20% and 14%, respectively, extending into the Labor Day holiday. Meanwhile, prices in the second-hand housing market

AASTOCKSMay 13 12:29

HSBC Research: Even if Chinese property developers issue new shares again, it is unlikely to end the current upward trend. Country Garden (01109.HK) and C&D Property (01908.HK) are preferred.

HSBC Research issued a report stating that the domestic real estate sector has recently experienced a rapid rebound, rising 24% in approximately one month, while the Hang Seng Index increased by only 2% during the same period. This has once again drawn market attention to whether developers will return to the equity market. Although equity placements are not part of the bank's base-case scenario, the sharp revaluation of stock prices has made opportunistic financing more likely. However, the bank pointed out that it is important to note that the rationale for financing may not be directly related to the need for balance sheet restructuring, as companies within the sector have undergone significant 'cleansing,' leaving primarily financially robust state-owned enterprises and resilient private firms that have successfully navigated the industry downturn. A more reasonable consideration should be enhancing stock liquidity and broadening shareholder bases.

AASTOCKSMay 13 10:41

China Resources Land's Contracted Sales Jump 50% in April

MT NewswiresMay 12 19:31

China Resources Land (01109.HK): Achieved total contract sales of 25.88 billion yuan in April.

Gelonghui, May 12th ┃ China Resources Land (01109.HK) announced that for the month ended April 30, 2026, the company and its subsidiaries (the "Group") achieved total contractual sales of approximately RMB 25.88 billion and total contractual sales gross floor area of approximately 594,000 square meters, representing year-on-year growth of 49.6% and a decrease of 0.1%, respectively. For the first four months of 2026, cumulative contractual sales amounted to approximately RMB 70 billion, with total contractual sales gross floor area reaching approximately 1.843 million square meters, reflecting year-on-year increases of 2.2% and a decline of 28.4%, respectively. In April 2026, the Group’s recurring income was approximately RMB...

Gelonghui FinanceMay 12 18:41

Hong Kong Stock Ratings Summary: JPMorgan Maintains Overweight Rating for BYD Shares

Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.

cls.cnMay 12 15:17