Citic Securities: Property service industry returns to basic services. Dividend yield is attractive.

CITIC Securities released a research report stating that the industry is returning to basic services and focusing on management and operations. CITIC Securities believes that the pressure of collection and debt settlement can be overcome by well-operated companies. Companies covered by CITIC Securities are expected to maintain stable and increasing profitability in the medium to long term, with sustained and steady growth in performance, and continuous increase in dividend payouts. Currently, CITIC Securities predicts a dividend yield of 5.3% for its key companies, with some companies having a dividend yield of over 8%. In the short term, CITIC Securities believes that aggressive portfolios have greater flexibility. In the long term, steady portfolios will continue to grow based on brand advantages.