HSBC Research released a research report, with investment ratings and target prices for mainland real estate stocks as follows:

Stock | Investment Rating | Target Price (HKD)

Agile Group (03383.HK) | Shareholding -> Hold | 0.32 yuan -> 0.7 yuan

C&D International Group (01908.HK) | Buy | 20.7 yuan -> 21.1 yuan

China Overseas Development (00688.HK) | Buy | 15.5 yuan -> 19.4 yuan

China Resources Land (01109.HK) | Buy | 29.6 yuan -> 35.6 yuan

China Vanke (02202.HK) | Hold | 4 yuan -> 8 yuan

CIFI Holdings Group (00884.HK) | Hold | 0.23 yuan -> 0.43 yuan

China Jinmao (00817.HK) | Hold | 0.6 yuan -> 1.1 yuan

Greentown China (03900.HK) | Buy | 9.7 yuan -> 11 yuan

Longfor Group (00960.HK) | Buy | 15 yuan -> 20.5 yuan

Shimao Group (00813.HK) | Hold | 0.6 yuan -> 1.14 yuan

Shenzhen Invest (00604.HK) | Hold | 0.8 yuan -> 1 yuan

Yuexiu Property (00123.HK) | Buy | 6.4 yuan -> 8.2 yuan

A-Living (03319.HK) | Hold | 2.6 yuan -> 3.7 yuan

China OVS PPT (02669.HK) | Buy | 7.1 yuan -> 7.7 yuan

China Resources Mixc (01209.HK) | Buy | $38.4 -> $44.2

CG Services (06098.HK) | Hold | $4.6 -> $6.1

Greentown Services (02869.HK) | Buy | $4.9 -> $5.7

Shimao Services (00873.HK) | Hold | $0.8 -> $1.1

Sunac Services (01516.HK) | Hold | $1.7 -> $2.5

KE Holdings (BEKE.US) | Buy | $21.4 -> $24.4

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