Ge Long Hui A P P·2025-10-13 07:17Core Viewpoint - CICC's research report indicates that Hang Lung Properties is expected to see a 10% year-on-year growth in retail sales for its mainland shopping malls in the third quarter, with improvements observed quarterly throughout the year [1] Group 1: Retail Performance - During the National Day holiday period, Hang Lung Properties reported a 15% year-on-year increase in retail sales for the first four days of October, with a 3% year-on-year increase in foot traffic [1] - The most significant retail growth was noted in Wuhan and Shanghai's Harbour City [1] Group 2: Ratings and Forecasts - CICC maintains a "outperform" rating for Hang Lung Properties and continues to uphold its earnings forecast [1] - The target price for Hang Lung Properties is set at HKD 9.46 [1]