DRust
11-12

$Country Garden Holdings Co., Ltd.(CTRYY)$  Expecting ADR break $8 during recovery [Miser] [Miser] Hearing many positive news from locals regarding Country Garden e.g new launch takeup rate, debt restructuring talk, corporate PR to communicate transparently with public. 

To invest in China, invest in businesses backed by government.

Yang Huiyan said, "Under conservative calculations, as long as our inventory assets are sold normally, even if we do not buy land, taxes are not reduced, and the new contributions of the two wings are not considered, Country Garden will continue to maintain positive assets in the next ten years."

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Comments

  • gogoooCn
    11-13
    gogoooCn

    Why not buy HK stocks like $COUNTRY GARDEN(02007)$ directly

    • DRust: 
      You might have guessed it already! It’s about seizing opportunity to take advantage of arbitrage while HK listing is temporarily halted. On resumption date, it’ll be hard to catch the huge pump and likely going to be pricey than current.
  • simplekelvin
    11-13
    simplekelvin
    next year mar 2025 resume?
    • DRust: 
      Resumption date not disclosed yet. What is confirmed is that Country Garden definitely make sure the books are in good shape, all debts are properly structured, strong sales & delivery numbers before announcing the date for trading resumption. Together with the support of government policies & fiscal printing, guess where the price will land?
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