StubWorld: Troubling Signs For NWD (17 HK)
Despite the lifting of the "spicy" property cooling measures last week, New World Development (17 HK) has plumbed fresh P/B lows after a (very) brief respite.
Preceding my comments on NWD are the current setup/unwind tables for Asia-Pacific Holdcos.
These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation >20%.
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