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Elevator Pitch I maintain my "Neutral" rating on Hong Kong-listed Yuexiu Property Company Limited ( YUEXF ) ( GUAZY ) [123:HK]. Yuexiu Property's FY2020 contracted sales target of RMB80.2 billion was below expectations, implying only a +11% YoY growth this year versus a +24.8% YoY growth for...
Elevator Pitch I like Hong Kong-listed Yuexiu Property Company Limited ( OTCPK:YUEXF ) ( OTC:GUAZY ) [123:HK] for its exposure to the Greater Bay Area and metro property projects. The company remains on track to meet its full-year contracted sales target and its net gearing is manageable ...