China Resources Land traded at 29.92 this Friday November 13th, decreasing 1.10 or 3.55 percent since the previous trading session. Looking back, over the last four weeks, China Resources Land lost 1.71 percent. Over the last 12 months, its price fell by 1.90 percent. Looking ahead, we forecast China Resources Land to be priced at 28.98 by the end of this quarter and at 26.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment properties include commercial buildings, offices and hotels, among others. Its major investment properties include Shenzhen MIXc, Hangzhou MIXc, Shenyang MIXc, Beijing CR Building, Beijing Qinghe Hi5 Office, among others.