gitawa

Got it. thanks.

Can anyone give me the links to the prospectuses? Thanks

HK property companies are cheap as their property assets are valued at current (inflated) market prices. Factor in the probability of a correction and they're not as cheap as they appear. I am just starting to look at Henderson Land, this HK company is ridiculous cheap. P/BV = 0.5x. Book value has grown around 10-20% EVERY year for the last decade..... does anyone own this baby? I am still in the process of due diligence which involves just glossing over their 10K (or the ADR equivalent)