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| HSI1 | 24,963.23 | 0.00 | -- |
| HSCEI1 | 8,271.06 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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2026-07-24 12:37:01 Citi issued a research report lowering the TP for COUNTRY GARDEN (02007.HK) from HKD0.25 to HKD0.16, while maintaining its Sell/High Risk rating and initiating a 30-day downside 30-day short-term view. The broker noted that COUNTRY GARDEN has made progress in both onshore and offshore debt restructuring. Its offshore debt restructuring became effective on 30 December 2025, involving about USD17.7 billion of offshore liabilities, while restructuring of nine onshore corporate bonds was approved in 2025. The broker expected the company to continue advancing cash repurchase options within the year. However, the group's contracted sales remains weak and gross profit margin is under pressure. Contracted sales in 1H26 lost 15% YoY, while earnings visibility remained subdued. Coupled with the turnaround of operations and business recovery taking time, Citi maintained its negative view. ~ AASTOCKS Financial News Website: www.aastocks.com | |