Goldman Sachs: China Resources Land Limited (01109.HK) may deepen the impairment of its development properties, but the proceeds from sales and stable rental income provide a buffer.

According to the Wisdom Financial APP, Goldman Sachs released a research report stating that the current stock price of China Resources Land (01109.HK) is discounted by 17% compared to the estimated Net Asset Value (NAV) at the end of 2026. They maintain their "buy" rating and the target price based on NAV calculation for the next 12 months remains unchanged at 36.6 Hong Kong dollars.