JP-CRL @EC2611A

CR Land Successfully Acquired Former Ningbo TV Station Site in Haishu District

CR Hongze Acquires Ningbo Haxi District Land for 763.5985 Million Yuan

CR Land and Future Science City Jointly Acquire Residential Land in Beiqijia Town, Changping District, Beijing

CITIC Pacific Land Acquires Fangtai Wanan Temple Village Renovation Site at Reserve Price

China Resources Land Releases 2025 Sustainable Development Report and Issues Green Bonds

Morgan Stanley Maintains Buy Rating for China Resources Land with Price Target

Sun Hung Kai Properties and China Resources Land Apply for Height Increase for Yuen Long Housing Project

Huaxin Land and Yuexiu Property Plan to Launch Residential Projects in Oil Tunnel, Hong Kong in Q3 2027

Everbright Securities Downgrades Net Profit Forecast for China Resources Land but Maintains Buy Rating

CR Land Acquires 3 Land Plots in Dongguan, Shenyang, Chengdu, etc. in March 2026

CR Land Reports March Sales Decline But Rent Income Growth

CR Land Announces 2025 Annual Performance Report

Macau Xiang Qiba Fang Plot Auctioned at a Premium

CITIC Securities Maintains Buy Rating on China Resources Land with Price Target

China Resources Land Announces 2025 Financial Year Results

Nomura Downgrades Huaxin Land's Target Price but Maintains Buy Rating

China Resources Land Announces Strategic Planning to Build Three Growth Curves in the '15th Five-Year Plan'

China Resources Land Reports Full-Year Development Property Revenue of RMB 238.16 Billion

China Resources Land's net debt ratio is 39.2%

CR Land's total debt reached 281.47 billion yuan at the end of the year

RONGZUN INT’L H

ASIA PIONEER

160 HEALTH

VC HOLDINGS

CENTRALCHINA MT

ASTRUM

HENGDELI

HAITIAN ANTENNA

CN CULTURE GP

TOMO HOLDINGS

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At market close, the HSI fell 232 points (0.9%) to 26,393, while the HSTI dropped 18 points (0.4%) to 5,102. The HSCEI decreased by 30 points (0.3%) to 8,889, with a market turnover of $279.75 billion. Notable movers included KUAISHOU-W, which rose over 9%, and several stocks like CHINA RES LAND and CKH HOLDINGS reached new highs. Active stocks showed mixed results, with XIAOMI up 1.8% and TENCENT down 1.7%.

AASTOCKS News

CKH HOLDINGS

CHINA RES LAND

Hang Seng Index

Hang Seng China Enterprises Index

KUAISHOU-W

CHINA OVERSEAS

KINGBOARD HLDG

XIAOMI-W

BABA-W

TENCENT

BIDU-SW

LONGFOR GROUP

SMIC

HANSOH PHARMA

POP MART

WUXI APPTEC

JD LOGISTICS

HSBC HOLDINGS

HORIZONROBOT-W

HANG LUNG PPT

TRANSTHERA-B

WELLCELL HOLD

MEITU

KUAISHOU-WR

CK Hutchison Holdings

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BIDU-SWR

Baidu

SMIC HK SDR 5to1

POP MART HK SDR 20to1

WuXi AppTec

HSBC 5xShortSG241213

HSBC Holdings Plc

HSBC

HSI Closes at 26,393, Down 232 pts; HSTI Closes at 5,102, Down 18 pts; KUAISHOU-W Up over 9%; CHINA RES LAND, CHINA OVERSEAS, CKH HOLDINGS, FIH, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

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At midday close, the HSI fell 290 points (1.1%) to 26,335, while the HSTI dropped 55 points (1.1%) to 5,065. Notable movements included POP MART rising over 5%, and CHINA RES LAND, CHINA OVERSEAS, FIH, and PCCW reaching new highs. Active stocks included TENCENT down 1.6% and BABA down 1.5%. Other significant declines were seen in SMIC and JD HEALTH, while LONGFOR and BIDU-SW experienced gains. Short selling data indicated significant activity across various stocks.

- As of midday close, the Hang Seng Index (HSI) fell by 290 points or 1.1% to 26,335, while the Hang Seng Technology Index (HSTI) dropped 55 points or 1.1% to 5,065.  
- Key movers included Tencent, which decreased by 1.6%, and Pop Mart, which increased by 5.1%.  
- The article highlights significant short selling activity across various stocks, with some displaying notable gains while others suffered losses.

Hang Seng TECH Index

KraneShares 2x Long BABA Daily ETF

E Fund CSI HK Connect Internet ETF

PCCW

JD HEALTH

CMOC

ZTO EXPRESS-W

XINYI GLASS

JD HEALTH-R

ZTO Express

HSI Down 290 pts; HSTI Down 55 pts; POP MART Up over 5%; CHINA RES LAND, CHINA OVERSEAS, FIH, PCCW Hit New Highs

M Stanley has raised the target price for CHINA RES LANDto HKD42.6, reflecting a positive market re-rating. The company's contracted sales in April surged 50% YoY, with May Day sales up over 20% YoY, leading to a 2% YoY increase in cumulative sales for the first four months. M Stanley expects robust sales in Q2 and has increased its full-year sales forecast by 3% to RMB235 billion. The broker also raised core earnings forecasts for 2026-2028 and net asset value estimate by 8%. The stock is rated Overweight and remains a top pick.

Morgan Stanley

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MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

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M Stanley Raises CHINA RES LAND  TP to HKD42.6 as Market Re-rating Continues

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At close, HSI rose 315 pts (1.2%) to 26,213, while HSTI increased by 39 pts (0.8%) to 4,969. Market turnover reached $304.74 billion. Notable gainers included XINYI GLASS (+9.8%), CHINA RES LAND (+6.7%), and CK ASSET (+3.3%), all hitting new highs. Conversely, QINGSONG HEALTH fell sharply by 31.3%. Overall, the market showed positive momentum with several stocks reaching new highs despite some declines in others.

HSI Up 315 pts; HSTI Up 39 pts; XINYI GLASS Up over 9%; CHINA RES LAND, CK ASSET, CITIC, CKH HOLDINGS, HUA HONG SEMI Hit New Highs; Market Turnover Rises

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HSBC Research reports that Shenzhen's easing of home purchase restrictions has led to a positive stock market reaction. The bank anticipates that ongoing supportive policies will alleviate market concerns and boost demand, aiding the recovery of the property market. It emphasizes the importance of focusing on fundamental improvements alongside short-term policy news. HSBC's top stock picks in the Chinese property sector include CHINA RES LAND, C&D INTL GROUP, and SEAZEN, all rated Buy with specified target prices.

LVGEM CHINA

Yinhua CSI Interior Real Estate Theme ETF

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

China Southern CSI All Share Real Estate ETF

C&D INTL GROUP

SEAZEN

HSBC Research: Positive Stock Market Reaction After Shenzhen Eases Home Purchase Restrictions; Top Picks CHINA RES LAND , C&D INTL GROUP  and SEAZEN

Citi's research report indicates that CHINA RES LANDplans to spin off two shopping malls into a REIT, aiming to raise around RMB5.4 billion. The company will hold 20% to 30% of the REIT, which is expected to enhance earnings and dividends. Citi believes CHINA RES LAND can recycle five to six malls valued at RMB10 billion to RMB15 billion and has named it a top pick in the sector with a Buy rating and a target price of HKD35.8.

Citigroup

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Citi: CHINA RES LAND  Plans to Spin Off Two Shopping Malls via REIT, Named Sector Top Pick

CICC's report highlights CHINA RES LAND's recent asset divestment plans and the potential issuance of securitization products, emphasizing the importance of understanding the company's transformation during the 15th Five-Year Plan. The broker suggests a revised valuation methodology to better reflect the company's future structure and maintains its Outperform rating with a target price of HKD46.7 for 2026-2027. CICC views CHINA RES LAND as a top long-term investment in the real estate sector, noting its significant business model transformation and the establishment of a multi-tiered REITs market as crucial for asset management.

CICC

CICC: CHINA RES LAND  Business Model Transformation Worth Watching

CHINA RES LANDshares rose nearly 4% following a report from M Stanley indicating improved prospects for positive EPS and DPS growth. The company plans to spin off two shopping malls in tier-3 cities to create a publicly offered REIT, retaining a 20-30% stake. This move is expected to generate disposal gains of RMB700 million to RMB900 million, enhancing its competitive edge in retail. M Stanley maintains an Overweight rating with a target price of HKD39.3, marking it as a top pick in the sector.

CHINA RES MIXC

CHINA RES LAND  Gains Nearly 4% as M Stanley Sees Improved Visibility for Return to Positive EPS and DPS Growth

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CHINA RES LANDannounced the sale of two shopping malls for REIT conversion, with plans to raise RMB5.405 billion through a public offering fund. The company will subscribe for 20% to 30% of the fund units. This strategic move aims to revitalize real estate assets and improve investment capabilities, enhancing long-term performance amid challenges in property investments.

GF CSI All Share Financials ETF

CITIC Securities Co., Ltd.

CITIC SEC

CHINA RES LAND  Sells Two Shopping Malls for REIT Conversion, Subscribes 20% to 30% Stake

Morgan Stanley analyst maintained a Buy rating on China Resources Land on April 22 and set a price target of HK$39.30. The company’s shares closed last Tuesday at HK$32.50.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks China Resources Land has an analyst consensus of Strong Buy, with a price target consensus of HK$40.34.

Tip Ranks

Morgan Stanley Remains a Buy on China Resources Land (CRBJF)

JP-CRL @EC2611A(29020.HK)

HSI Closes at 26,393, Down 232 pts; HSTI Closes at 5,102, Down 18 pts; KUAISHOU-W Up over 9%; CHINA RES LAND, CHINA OVERSEAS, CKH HOLDINGS, FIH, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

HSI Down 290 pts; HSTI Down 55 pts; POP MART Up over 5%; CHINA RES LAND, CHINA OVERSEAS, FIH, PCCW Hit New Highs

M Stanley Raises CHINA RES LAND TP to HKD42.6 as Market Re-rating Continues

HSI Up 315 pts; HSTI Up 39 pts; XINYI GLASS Up over 9%; CHINA RES LAND, CK ASSET, CITIC, CKH HOLDINGS, HUA HONG SEMI Hit New Highs; Market Turnover Rises

HSBC Research: Positive Stock Market Reaction After Shenzhen Eases Home Purchase Restrictions; Top Picks CHINA RES LAND , C&D INTL GROUP and SEAZEN

Citi: CHINA RES LAND Plans to Spin Off Two Shopping Malls via REIT, Named Sector Top Pick

CICC: CHINA RES LAND Business Model Transformation Worth Watching

CHINA RES LAND Gains Nearly 4% as M Stanley Sees Improved Visibility for Return to Positive EPS and DPS Growth

CHINA RES LAND Sells Two Shopping Malls for REIT Conversion, Subscribes 20% to 30% Stake

Morgan Stanley Remains a Buy on China Resources Land (CRBJF)