Zhitong Finance APP learned that Citigroup issued a research report stating that it gave China Resources Land (01109) a "buy" rating, believing that with its sufficient first-and second-tier land reserves, low-cost financing, ESG and attractive valuation, it will be listed as The industry's first choice, the target price was raised from HK $46.1 to HK $48. The company's goal for this year is: the sales of mainland real estate development projects will reach the top 5, commercial projects will achieve 20% growth, of which 10 new shopping centers will have a gross profit margin of 70% to 75%, and focus on return on assets (ROIC), and light assets Revenue and profit increased by more than 30%.
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