China Resources Land's Saleable Resources to Keep Boosting Presales -- Market Talk

Dow Jones
Mar 30

0542 GMT - China Resources Land should have sufficient saleable resources to continue boosting its presales this year, say DBS Group Research analysts in a note. Its 2025 earnings were largely in line and its balance sheet remains well-maintained, the analysts say. The property company's consolidated unbooked sales totaled around 163.50 billion yuan as of December, with about 123.50 billion yuan likely to be recognized this year, they add. This could form around 45% of DBS's current 2026 revenue projection for China Resources Land, the analysts add. The company's shopping malls and its property-management arm China Resources Mixc should help sustain the former's above-peer earnings growth this year, they add. DBS maintains its buy rating and HK$34.90 target price on China Resources Land, which rises 1.4% to HK$28.28. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 30, 2026 01:42 ET (05:42 GMT)

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