China Comm Const (1800 HK): Taking Meaningful Steps to Reduce Debt

CCCC is progressing to reduce debt by selling minority stakes in subsidiaries and issuing REIT on toll road asset. These moves are positive and its 0.21x P/B points suggests it is deeply undervalued.
250 Views29 Nov 2021 08:43
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Osbert Tang, CFA
China Analyst - Equity Long-Short, Onshore Credit
Hong Kong & ChinaIndustrials & UtilitiesEquity Bottom-UpThematic (Sector/Industry)
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