To a certain extent, China Land Development’s walk out of the “darkest moment” is a manifestation of the success of its overall debt restructuring. Looking at the debt restructuring plan of China Fortune Land Development, it is the first real estate company to successfully restructure its overseas debts in the form of “extension + debt-to-equity swap”.
This time, China Fortune Land Development issued a performance forecast. This big “thunder” stock began to turn losses into profits. It was due to the debt restructuring income confirmed based on the progress of debt restructuring. This income is a non-recurring profit or loss. After deducting the impact of non-recurring gains and losses such as the aforementioned debt restructuring gains, in fact, the operating performance for the reporting period was still a loss. Therefore, don’t be blindly optimistic. Although there is a daily limit, it is better for everyone to observe the stocks of China Fortune Land Development from the sidelines.
According to this situation, China Fortune Land Development will eventually have a soft landing. After all, China Fortune Land Development has a large number of assets, and most of these assets are high-quality assets. All it takes is time.
In the long run, the fundamentals of the macro economy and the real estate market have changed, and China Fortune Land Development’s “resurrection” and “rebirth” show that it will continue to occupy a place in the real estate market.
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