What does China Resources Land do?
China Resources Land Limited is a prominent property development, investment, and urban management enterprise, functioning as the premier real estate flagship of the state-owned China Resources Group. The corporation specializes in developing, owning, and operating large-scale mixed-use commercial properties, high-end shopping malls (known widely as MixC complexes), office buildings, and residential communities across major metropolitan regions in China, driving modern urban real estate and commercial retail infrastructure.
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China Resources Land is fundamentally classified as a state-owned enterprise because it operates as a primary real estate development and urban operations subsidiary of the China Resources Group, a massive conglomerate under state administration.
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China Resources Land Limited holds solid investment-grade long-term credit ratings, including a BBB+ rating with a stable outlook from S&P Global Ratings and comparable investment-grade marks from Moody's.
Hongkong Land Holdings Limited maintains high investment-grade long-term credit ratings from major international agencies, typically positioned in the upper investment-grade tiers.
The share price of China Resources Land Limited (traded on the Hong Kong Stock Exchange under the ticker 1109) is approximately 33.10 HKD.