On June 11, China Resources Land rose 3.67% in regular trading, trading at HKD 37.22/share, with trading volume of HKD 232 million.

On the news front, the company's annual general meeting on June 9 approved a final dividend of RMB 0.966 per share (approximately HKD 1.11), with the ex-dividend date set for June 15 and payment scheduled for August 3. Meanwhile, Morgan Stanley raised its target price from HKD 39.3 to HKD 42.6 while maintaining an Overweight rating, citing rising market confidence in the company's development business recovery entering a second-phase revaluation. Additionally, CLSA noted that the Shanghai property market recovery has entered a demand-upgrade phase, with improving primary and secondary transaction volumes increasingly driven by mid-priced units rather than smaller units, supported by better affordability and declining opportunity cost of capital.

On the fundamental side, the company reported April contract sales growth of 49.6% year-over-year, demonstrating strong operational momentum.

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