[New post] CIMB: China Aoyuan Group – Downgrade to Reduce TP HK$1.60 (Previous HK$7.70)

alanyeo posted: " Downgrade to Reduce on liquidity woes ■ Aoyuan's financial position is unexpectedly weaker than expected, as it is facing issues repaying its ABS, trust loans and some other debts.■ The company hired a financial advisor last week and it may need to un" New post on Alpha Edge Investing CIMB: China Aoyuan Group – Downgrade to Reduce TP HK$1.60 (Previous HK$7.70) by alanyeo Downgrade to Reduce on liquidity woes ■ Aoyuan's financial position is unexpectedly weaker than expected, as it is facing issues repaying its ABS, trust loans and some other debts.■ The company hired a financial advisor last week and it may need to undergo a restructuring ahead.■ We cut our FY21-23F EPS by 50-59% on lower […] Read more of this post alanyeo | December 2, 2021 at 2:52 pm | Tags: China Aoyuan | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6KA Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/12/02/cimb-china-aoyuan-group-downgrade-to-reduce-tp-hk1-60-previous-hk7-70/