$HUI XIAN REIT (87001.HK)$ REIT trades at whopping 83% Disco...
REIT trades at whopping 83% Discount to it's book value
china developers have recovered so much they are now trading at 45 - 55% discount to it's book values
and this discount takes into consideration massive dilution from rights issues over the past 2 years.
Huixian REIT growth has always been organic and remains the lowest gearing Chinese reit
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