Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Resources Land ( (HK:1109) ) just unveiled an update.
China Resources Land reported that in January 2026 the group recorded gross contracted sales of about RMB11.65 billion with contracted gross floor area of roughly 0.368 million square meters. While sales value inched up 0.4% year-on-year, the contracted area fell 24.6%, suggesting higher average selling prices or a shift in project mix amid a challenging property market.
The group’s recurring revenue reached approximately RMB4.51 billion for the month, an 8.7% year-on-year increase, underpinned by robust rental income of RMB3.11 billion from its investment property business, up 13.7%. The stronger recurring and rental income highlights the company’s continuing pivot toward stable cash-flow-generating assets, partially offsetting volatility in contracted sales volumes and offering some resilience for investors.
The most recent analyst rating on (HK:1109) stock is a Buy with a HK$36.00 price target. To see the full list of analyst forecasts on China Resources Land stock, see the HK:1109 Stock Forecast page.
More about China Resources Land
China Resources Land Limited is a Hong Kong-listed real estate developer incorporated in the Cayman Islands, operating through a group structure in mainland China. The company focuses on property development and investment, generating recurring revenue from rental income and other property-related activities, with investment properties forming a significant and growing part of its business portfolio.
Average Trading Volume: 18,140,823
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$228.6B
See more data about 1109 stock on TipRanks’ Stock Analysis page.