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<Research>CLSA Upgrades CIFI HOLD GP to Hold; Debt Issue Near Resolution
CIFI HOLD GP (00884.HK)'s offshore debt restructuring is reportedly nearing completion, raising hopes for a resolution to its debt issues, according to CLSA's research repo...
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<Research>CLSA Upgrades CIFI HOLD GP to Hold; Debt Issue Near Resolution
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CIFI HOLD GP (00884.HK)  +0.003 (+1.304%)   's offshore debt restructuring is reportedly nearing completion, raising hopes for a resolution to its debt issues, according to CLSA's research report.

In the broker's opinion, this is expected to enhance CIFI HOLD GP's per-share book value and allow management to focus on business development in the coming years. If the Chinese real estate market stabilizes, the company will have a higher chance of surviving.

Related NewsNBS: CN Real Estate Mkt Still in Correction; Mkt Supply/ Demand Needs Improvement
CLSA lifted its target price for CIFI HOLD GP from HKD0.14 to HKD0.25 and upgraded the rating from Underperform to Hold, citing that China's property market may improve in 2H25, which may in turn benefit the company.
(HK stocks quote is delayed for at least 15 mins.)

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