Pacific Securities: Assigns China Resources Land (01109.HK) a "Buy" rating, core net profit exceeds ten billion.

Zhito Finance APP has learned that Pacific Securities issued a research report stating that in the first half of 2026, China Resources Land (01109.HK) achieved revenue growth, a slight decline in profit, ample land reserves, continuous structural optimization, and lower financing costs. The bank expects the company's net profit attributable to parent for 2026/2027/2028 to be 24.412/25.715/27.111 billion yuan, corresponding to PE ratios of 7.19X/6.82X/6.47X for 26/27/28, and assigns a "Buy" rating.