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<Research>CMBI Raises CHINA RES MIXC's TP to HKD51.84; Rating Kept Buy
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CHINA RES MIXC (01209.HK) has become a pillar of absolute profit in the shopping center segment, CMBI wrote in its research report. The report highlighted that CHINA RES MIXC has been showing operational capabilities far exceeding its industry peers. In 1-3Q25, its retail sales increased by 20-25% YoY, compared to a 3% growth in social retail for the same period. During the National Day holiday, its retail sales grew by 25% YoY, while key commercial districts in Shanghai saw a growth of only 10.2%. CMBI lifted its target price for CHINA RES MIXC by 18% to HKD51.84 and kept the Buy rating unchanged. AAStocks Financial News |
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