CR Land stock gains 4.44 percent while The Sterling leads sales

Published on 10/08/2026 at 05:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CR Land stock traded at HKD 31.08 on October 8, 2026, with The Sterling generating HKD 3.05 billion from 307 units. First-half core net profit reached RMB 10.16 billion.

CR Land, KYG2108Y1052, Illustration mit AI erstellt.

CR Land stock (ISIN KYG2108Y1052) was trading at HKD 31.08 on the Hong Kong Exchange on October 8, 2026, up 4.44 percent from the prior close. The companys The Sterling project led Hong Kongs primary property market in September with 307 units sold and HKD 3.05 billion in revenue, as The Standard reported on October 1, 2026.

Sterling sales reach HKD 3.05 billion

The Southwest Kowloon development accounted for 307 transactions through price-list and tender sales, while Hong Kongs primary market recorded 1,400 transactions in September. The project therefore represented 21.9 percent of the citywide transaction count, calculated from the figures reported by The Standard.

The companys second sales round offered 129 units, giving the project a further sales checkpoint after its September performance. The sales data provide a concrete operating measure alongside the groups mainland China development portfolio.

Recurring income gains weight

For the six months ended June 30, 2026, China Resources Land recorded consolidated revenue of RMB 67.87 billion and core net profit of RMB 10.16 billion. According to FilingReader on September 24, 2026, investment property rental revenue reached RMB 14.16 billion, up 17.0 percent year over year.

Recurring businesses accounted for 65.5 percent of first-half results, while contracted sales reached RMB 116.50 billion. The contrast matters for investors: development sales remain the larger operating driver, but rental income is growing faster in the reported period.

Consensus target stays above HKD 31.08

Marketscreener listed a Buy consensus from 20 analysts on September 17, 2026, with an average target of HKD 41.54. The consensus figure remains a separate analyst benchmark rather than a company forecast.

CR Land stock trades in the yearly band

At HKD 31.08 on October 8, 2026 at 11:15 a.m. HKT, the stock stood between its 52-week low of HKD 26.70 and high of HKD 39.88. Market capitalization was HKD 221.6 billion and trading volume reached 23,331,296 shares at the same time.