[ET Net News Agency, 17 October 2025] UBS raised the target price for China Res Mixc
(01209) to HKD48 from HKD38 and upgraded the rating to "buy" from "neutral".
The research house said it upgrades the rating on (1) capability to identify emerging
brands earlier than peers, especially with the rise of Chinese brands and divergent
performance among brands; (2) signs of luxury retail recovery; and (3) falling mall supply
in 2026-27E, positive to existing mall rental growth. (rc)