China Property Monthly Chart Book: Breathing a sigh of relief
The initial attempt to reopen onshore refinancing channels through the introduction of credit enhancement tools and SOEs equity injection into both company and project level are providing temporary relief to POE developers
With the easing of lockdowns across major cities, the physical market is poised to gain its recovery momentum as the loosening of policies begin to come into effect
Recommend investors to stay with quality names that sit in a better shape and have sufficient saleable resources to seize the sales rebound ahead – COGO (81 HK), COLI (688 HK), Longfor (960 HK), CR Land (1109 HK), and Yuexiu (123 HK)
