A key and high-growth mall manager■ Powerlong Commercial Management (CM) delivered solid 1H21 results, withnet profit rising 42% yoy, on increasing volume and better gross margins.■ Malls benefitted from consumption recovery in China and better occupancy.■ Management reiterated its net profit CAGR growth of 40% over FY21-25F,backed by mall management portfolio expansion and sustainable margins.■ […]

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