|Day's Range||7.06 - 7.86|
|52 Week Range||3.75 - 7.86|
|PE Ratio (TTM)||11.34|
|Dividend & Yield||0.03 (3.15%)|
|1y Target Est||N/A|
Chinese property developers have done very well this year. At the top of the pack, Country Garden (2007.Hong Kong) has already advanced 58%, while Sunac China (1918.Hong Kong) and China Evergrande (3333.Hong Kong) have rallied 45% each thanks to heavy buying from mainland Chinese investors through the Shanghai-Hong Kong Stock Connect. Truth is, Chinese real estate developers' 2016 earnings were good and their stocks were not bid up last year on fears that the Chinese government's tightening measures would quickly deflate the property bubble.
Annual 2015 Agile Property Holdings Ltd Earnings Presentation (Chinese, English)
China's state-backed developer Greenland Holdings said on Thursday it would jointly invest more than $1 billion in a biotech industrial park in south San Francisco with smaller peer Agile Group, Ping An Trust and Poly Sino Capital. The Shanghai-based company, the largest investor in the 210,000-square-meter project, said in a statement it aims to enhance cooperation between China and the United States on biotech research and development via the investment. Greenland Holdings have been aggressively expanding outside China and the traditional real estate industry as margins at home slow.