Progress in Chinese property debt restructuring and the reopening of the offshore bond market are helping to boost market sentiment, HSBC Global Research published a research report saying. LONGFOR GROUP (00960.HK)  -0.150 (-1.574%)    Short selling $13.90M; Ratio 25.429%   is a beneficiary of the expansion of credit normalization; distressed developers are repositioned for a turnaround in 2026.

There have been more positive developments in the second round of Chinese developers' debt restructuring recently, the report added. On 4 June, CIFI HOLD GP (00884.HK)  0.000 (0.000%)   received approval for its offshore debt restructuring plan, which involves a debt reduction of US$5.3 billion or a 66% cut in offshore debt.

Related NewsHSBC Research Ratings, TPs on CN Property Developers & Managers (Table)
COUNTRY GARDEN (02007.HK)  -0.005 (-1.299%)    Short selling $565.44K; Ratio 9.701%   and LOGAN GROUP (03380.HK)  +0.020 (+2.353%)    Short selling $151.16K; Ratio 1.270%   also revised their restructuring plans in early June to facilitate progress.

Therefore, the broker was more optimistic about CHINA RES LAND (01109.HK)  +0.250 (+0.936%)    Short selling $29.31M; Ratio 18.568%   , C&D INTL GROUP (01908.HK)  -0.220 (-1.361%)    Short selling $5.03M; Ratio 24.646%   , CHINA JINMAO (00817.HK)  -0.020 (-1.667%)    Short selling $3.16M; Ratio 17.639%   and KE Holdings (BEKE.US)      , all of which are rated at Buy, and adjusted its target prices for Chinese developers. details of which are available in a separate table.

The latest ratings and target prices of the sector are listed in a separate table.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-30 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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