On October 9, CHINA RES MIXC rose 3.16% in regular trading, trading at HK$38.5 per share, with turnover of HK$163 million.
The move comes as multiple major banks recently released research reports maintaining or raising their ratings and target prices for the company, boosting market sentiment. Citi raised its target price from HK$52.13 to HK$53.3 and reaffirmed a Buy rating, citing the company's 2+1 business model which is expected to deliver over 10% annual profit growth in 2026-2028. Morgan Stanley also slightly lifted its target price to HK$48.06 while maintaining an Overweight rating, noting resilient commercial management operations despite national consumption headwinds. China Merchants Securities maintained a Strong Buy rating with a target price of HK$45.12, highlighting double-digit core net profit growth and a 100% payout ratio including special dividends.
CHINA RES MIXC is a company principally engaged in property management and commercial operation services, operating through three segments: commercial track, property track, and ecosystem business.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)