0256 GMT - China Resources Mixc Lifestyle Services could have more room for capital management and share buybacks following a share placement by its parent company, say DBS Group Research analysts in commentary. Its controlling shareholder, China Resources Land, is paring its stake to 70.12% through the placement, which allows CR Mixc to broaden its shareholder base, the analysts say. The move could allow the property-management service provider to further enhance its shareholder returns, as its limited public float before the placement had largely prevented share buybacks, they note. CR Mixc is also likely to maintain its sector-leading dividend payout, given its visible cash flow and growth outlook from its resilient commercial management segment. DBS reiterates its buy rating and HK$42.00 target. Shares rise 1.35% to HK$45.10. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 13, 2025 21:56 ET (02:56 GMT)
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