--- title: "Citi Starts 30-day Positive Catalyst Watch on CHINA RES LAND , Expects Strong Sales and Rental Income" type: "News" locale: "en" url: "https://longbridge.com/en/news/292432829.md" description: "Citi initiated a 30-day positive catalyst watch on China Resources Land, maintaining a Buy rating and HKD43 target price. The bank expects accelerated sales growth in July-August following a 6% YoY rise in H1'25, supported by new Q3 launches. Additionally, the spin-off of Chengdu MixC into a REIT is projected to yield over RMB2 billion in gains in H1'25, bolstering earnings and dividends. Further public REIT plans for Nantong and Linyi malls are anticipated in H2'25." datetime: "2026-07-13T03:45:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292432829.md) - [en](https://longbridge.com/en/news/292432829.md) - [zh-HK](https://longbridge.com/zh-HK/news/292432829.md) generator: "portal-rs" --- # Citi Starts 30-day Positive Catalyst Watch on CHINA RES LAND , Expects Strong Sales and Rental Income Citi published a research report stating that it has started a 30-day positive catalyst watch on CHINA RES LAND (01109.HK) +0.240 (+0.746%) Short selling $169.17M; Ratio 38.784% , while maintaining its Buy rating and keeping its TP unchanged at HKD43. Citi said that after the company's sales rose 6% YoY in 1H25, growth is expected to accelerate further in Jul-Aug, with more new property launches planned for 3Q25, which is believed to support sales growth. Citi noted that CHINA RES LAND (01109.HK) +0.240 (+0.746%) Short selling $169.17M; Ratio 38.784% completed the spin-off of Chengdu MixC shopping mall to establish a closed-end commercial real estate REITs, which is estimated to contribute more than RMB2 billion in gains in 1H25, providing support for earnings and dividends. The public REIT spin-off plans for two malls in Nantong and Linyi are also expected to be completed in 2H25. The stock continues to be listed as one of the sector's top picks. (gc/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-10 16:25.) ### Related Stocks - [01109.HK](https://longbridge.com/en/quote/01109.HK.md) ## Related News & Research - [CHINA RES LAND's THE STERLING I Reportedly Logs 1,000+ Checks, Mulling New Launch](https://longbridge.com/en/news/295879552.md) - [JPM Ratings, TPs on CN Property Developers and Managers (Table)](https://longbridge.com/en/news/296051684.md) - [Changzhou Supply Chain Public Service Platform, Industrial Bank Changzhou launch online factoring service](https://longbridge.com/en/news/296061349.md) - [G Sachs: Deeper Impairment in CHINA RES LAND Development Properties Possible, but Disposal Gains and Stable Rental Income Provide Buffer](https://longbridge.com/en/news/292984082.md) - [China Resources Land Growth in Sales Value and Rental Income for May 2026](https://longbridge.com/en/news/289610133.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**