{
CHINA OVERSEAS

Companies

}
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001122334455554433221100

Pressure on managers intensifies as earnings forecasts for developers decline

Managers are expected to face ongoing pressure in 2024, with JPMorgan indicating that the default of NWD will have a more significant impact on the sector than CHINA VANKE. Nomura anticipates further deterioration in earnings for Chinese developers, downgrading LONGFOR GROUP to Neutral. Additionally, Citi has reduced target prices for CHINA OVERSEAS, LONGFOR GROUP, and SHENZHEN INVEST, reflecting lower earnings forecasts.
aastocks.com/share/news/aafn/NOW.1412700?lang=eng
LONGFOR GROUP Shenzhen Investment Ltd CHINA OVERSEAS CHN Show more
Finance & Economy, Market Report
02:40 23.01.2025
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