UBS has released a research report indicating that CHINA RES MIXC (01209) will announce its full-year results on March 27. The bank expects the company's 2025 performance to align with market expectations. UBS anticipates that management will provide optimistic guidance, including shopping mall expansion plans under the 15th Five-Year Plan and a forecast for same-store sales growth in 2026. The bank has raised its same-store retail sales growth forecast for 2026 from 7% to 10%, leading to a 2% increase in profit forecasts for 2026–2027. UBS has lifted its target price from HK$48 to HK$55, maintaining a "Buy" rating and listing the stock as a top pick in China's property sector.
Comments