Amin Harirchian
$03333.HK (China Evergrande Group) 🟒 π‘Ήπ’†π’π’‚π’™π’‚π’•π’Šπ’π’ 𝒇𝒐𝒓 π‘ͺ𝑡 π‘·π’“π’π’‘π’†π’“π’•π’š 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒆𝒓𝒔 "CN property sectors may see a wave of rebound as the Chinese government's property policy will likely remain relaxed in the short term, reported Credit Suisse." 🟒 Market whispers suggest that the Chinese government is drafting new policies to enable CN developers to conveniently access pre-sale funds held in escrow accounts, hoping to resolve the property sector's severe liquidity issues. This action could pose significant positive impact on many CN developers cash flows and debt-repayment ability. *πŸ’² Some brokers have already started re-rating adjusting the Chinese developers' target price in 2022. βœ” Daiwa Securities Group Inc. is preparing to Update TPs on CN Developers: $1109.HK (China Resources Land) |Neutral | TP β‡’ $44 βœ” C Suisse's Updated TPs on CN Developers: $1628.HK (Yuzhou Properties Co Ltd) |Overweight|1.18 β‡’ 0.8 $2007.HK (Country Garden) |Overweight|9.5 β‡’ 8.8 $0688.HK (China Overseas Land & Investment) |Overweight|26.58 β‡’ 29.97 *Note: I will update this section as soon as more data come out. Happy Trading ;) 𝓐.𝓗 *This post is not investment advice. Always do your research before any action. ---------------- 🚩 Follow my different channels by adding me to the watchlist: ❄ NORDIC MARKET ⚑ LSE NEWS 🌐 SM DATA (US-CN-EU) ----------------- 😍 ᴑᴇ α΄„Κ€α΄κœ±κœ±α΄‡α΄… ᴏᴠᴇʀ 2255 κœ°α΄ΚŸΚŸα΄α΄‘α΄‡Κ€κœ±! Thanks for your Support and Trust. ❀ ⚠ During these days is the best time to π‘ͺπ’π’‘π’š π’Žπ’† or 𝑨𝒅𝒅 π’Žπ’π’“π’† 𝒇𝒖𝒏𝒅𝒔. We are still on the road to recovery. I am a long term investor with the post-pandemic approach and strategy.
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