报告名称：Greentown China(03900.HK)Reform in good progress but fairly priced
报告类型：港股研究
报告日期：2016-01-11
研究机构：招商证券（香港）
股票名称：绿城中国
股票代码：03900
页数：8
简介：We noted that Greentown’s reform succeeded in improving asset turnover and lowering the funding cost
However, we believe it will take more than a year to lower construction cost and optimize its landbank mix; Maintain Neutral with upward revised TP at HK$7.3, based on 50% discount to 1-year forward NAV
下载地址：Greentown China(03900.HK)Reform in good progress but fairly priced
