UBS Raises Target Price for CHINA RES MIXC to HK$55, Boosts Retail Sales Growth Forecast

Stock News03-03

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment