bullish
Greentown China (3900 HK): Disciplined Market Share Gainer Amid Chaos
Steve has highlighted this Insight as a Top Pick
777 Views30 Aug 2023 15:17
Greentown China (3900 HK) is a high quality China property developer that is unfairly suppressed given the extreme pessimism of the sector.
Boomeranged on Fri, 1 Sep 2023 12:05
People's Bank of China announced two major policy changes last night: minimum downpayment ratio for first and second home purchases will be reduced to 20% and 30%; mortgage rate for existing first homes will be lowered. Buy high-quality China property names with high city tier landbank (direct beneficiary of policy changes) on this catalyst.
SUMMARY
(Sign Up to Access)Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Top Quartile
Steve Zhou, CFA
Equity Analyst
Price Chart(Sign Up to Access)
- Greentown China (3900 HK): Disciplined Market Share Gainer Amid Chaos30 Aug 2023
x