Greentown China (3900 HK):  Disciplined Market Share Gainer Amid Chaos

Steve has highlighted this Insight as a Top Pick
779 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.
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Steve Zhou, CFA
Equity Analyst
Consumer Discretionary & Consumer StaplesEquity Bottom-UpThematic (Sector/Industry)
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  • Greentown China (3900 HK):  Disciplined Market Share Gainer Amid Chaos
    30 Aug 2023