---
title: "In \"The Big Banks,\" China International Capital Corporation lowered the target price for GREENTOWN MGMT to 2.8 yuan, with last year's performance meeting market expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281492627.md"
description: "CICC lowered the target price of GREENTOWN MGMT to HKD 2.8, with last year's performance meeting market expectations. It is expected that revenue will be HKD 3.12 billion in 2025, a year-on-year decrease of 9%; net profit attributable to shareholders will be HKD 420 million, a year-on-year decrease of 48%. The company declared a dividend of HKD 0.21 per share, with a dividend yield of 10.4%. Earnings forecasts for 2026 and 2027 were lowered by 9% and 4% respectively, maintaining an \"outperform industry\" rating"
datetime: "2026-04-02T08:39:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281492627.md)
  - [en](https://longbridge.com/en/news/281492627.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281492627.md)
---

# In "The Big Banks," China International Capital Corporation lowered the target price for GREENTOWN MGMT to 2.8 yuan, with last year's performance meeting market expectations

According to a research report by China International Capital Corporation (CICC), GREENTOWN MGMT (09979.HK) is expected to have a revenue of RMB 3.12 billion in 2025, a year-on-year decrease of 9%; the net profit attributable to shareholders is expected to be RMB 420 million, a year-on-year decrease of 48%, in line with previous profit warnings and market expectations. The company declared a dividend of RMB 0.21 per share, corresponding to a current dividend yield of 10.4%.

Based on adjustments to forecasts for core business gross margins, the bank has lowered its earnings forecasts for GREENTOWN MGMT for 2026 and 2027 by 9% and 4%, respectively, to RMB 440 million and RMB 460 million, both reflecting a year-on-year growth of 5%; it maintains an "outperform industry" rating and, considering adjustments to earnings forecasts and market risk preferences, has lowered the target price by 13% to HKD 2.8

### Related Stocks

- [09979.HK](https://longbridge.com/en/quote/09979.HK.md)

## Related News & Research

- [Greentown China to Issue US$300 Million in 7% Senior Notes for Debt Refinancing](https://longbridge.com/en/news/286172429.md)
- [Greentown Management Warns of Sharply Lower 2025 Profit but Highlights Market Leadership](https://longbridge.com/en/news/278567434.md)
- [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md)
- [11:16 ETHaier ist die einzige IoT-Ökosystemmarke der Welt, die acht Jahre in Folge in die Kantar BrandZ Top 100 aufgenommen wurde](https://longbridge.com/en/news/286792596.md)
- [10:19 ETAARC-360 Completes AICPA Peer Review with Pass Rating](https://longbridge.com/en/news/286929747.md)