HK Stock Market Move | CHINA RES MIXC (01209) up nearly 5% in midday trading, company expected to announce annual performance at the end of the month, institutions predict dividend policy will continue.

CHINA RES MIXC (01209) rose nearly 5% during trading hours, and as of the time of writing, it has risen by 4.63% to HK $47, with a trading volume of HK $186 million. On the news front, CHINA RES MIXC is set to release its annual performance on March 27th. CICC previously released a research report stating that they expect CHINA RES MIXC's shopping center retail sales to increase by 20-25% annually by 2025, with same-store sales expected to rise by 10-15% annually. It is forecasted that the company's annual operating cash flow will maintain a coverage of net profit level of over 1 time, and will continue to maintain a positive shareholder return willingness, keeping historical payout ratios. The payout ratios for 2023, 2024, and the first half of 2025 are all expected to be 100%. CMB International also stated that they predict CHINA RES MIXC's revenue in 2025 to increase by 6.5% annually to reach HK $18.2 billion, with residential business revenue staying flat annually and commercial operations revenue expected to grow by 13.8%. The bank predicts that core net profit in 2025 will increase by 10.8% annually to HK $3.9 billion, with a stable gross profit margin for basic property management, continuous improvement in shopping center gross profit margins, and a decrease in sales and administrative expense ratios providing support. Please note that this is a machine translation and may not be completely accurate.