Guotai Junan Securities: Maintains "Buy" rating on China Evergrande Group (03990.HK) with a target price of 5.46 Hong Kong dollars.

According to the Wise Wealth APP, Guotai Haitong released a research report stating that it maintains a "buy" rating on Country Garden Services (03990.HK). The company predicts EPS for 2025/26/27 to be RMB 0.42/0.57/0.74 respectively, giving the company a 12xPE for 2025 and a target price of HKD 5.46. The company's core net profit doubled in 1H25, continuing to deliver competitive dividend policies in the industry, and its development business contributes to new growth points. (Unless otherwise stated, all figures are priced in RMB, 1 Hong Kong dollar = 0.92 RMB)