| Year 2012 |
Report Title |
Analyst's Recommendation |
Company |
| 14 May 2012 |
Central China: Analyzed non-rated snapshot |
NON-RATED |
Citi
|
| 30 Apr 2012 |
Moody's: CCRE's ratings not affected by new trust financing |
BA3 |
Moody's
|
| 26 Apr 2012 |
Global Credit Portal, Ratings Direct: Central China Real Estate Ltd. |
BB-/Stable |
Standard&Poor's
|
| 25 Apr 2012 |
China/Hong Kong Company Focus Central China: Takeaways from HK/SG NDR - Unique business model works |
BUY |
DBS Vickers
|
| 17 Apr 2012 |
Central China Real Estate (832 HK): Current Rec: NEUTRAL |
NEUTRAL |
Ji Asia
|
| 16 Apr 2012 |
CCRE sales in 1Q2012 progressed nicely |
BUY |
Phillip Securities
|
| 12 Apr 2012 |
China/Hong Kong company focus Central China: Stronger financials to drive growth |
BUY |
DBS Vickers
|
| 10 Apr 2012 |
Central China Real Estate Ltd's Singapore dollar senior fixed-rate notes assigned 'B+' rating |
BB-/Stable |
Standard&Poor's |
| 10 Apr 2012 |
Moody's: No immediate rating impact to Central China's proposed SGD bond issuance |
BA3 |
Moody's |
| 10 Apr 2012 |
Central China: FY11 core net profit up 23% yoy, heading to a stable growth phase |
BUY |
Core Pacific Yamaichi
|
| 3 Apr 2012 |
Central China: Ample cash and solid sales |
BUY |
JP Morgan
|
| 3 Apr 2012 |
FY11 net profit up 23% yoy to RMB670 million, in-line with consensus |
BUY |
First Shanghai Securities
|
| 3 Apr 2012 |
Central China Real Estate Ltd: Steady credit profile reaffirmed |
OVERWEIGHT |
BOA Merrill Lynch
|
| 30 Mar 2012 |
Central China - Solid results for 2011, strong liquidity |
OVERWEIGHT |
JP Morgan |
| 30 Mar 2012 |
China/Hong Kong company focus: Central China |
BUY |
DBS vickers |
| 22 Feb 2012 |
Sweet spot arrives, with policies supportive of physical end-user market |
BUY |
Core Pacific - Yamaichi |
| 15 Feb 2012 |
China Property Sector Report - revised target price up from HKD2.10 to HKD2.40 |
BUY |
ICBC |
| 19 Jan 2012 |
Beat contracted sales target in 2011 |
BUY |
Deutsche Bank |
| 18 Jan 2012 |
Ready for the worst |
BUY |
DBS Vickers |
| Year 2011 |
Report Title |
Analyst's Recommendation |
Company |
| 15 Dec 2011 |
Diligent execution of regional strategy |
BUY |
First Shanghai Securities |
| 02 Dec 2011 |
CCRE achieved 108% of full year sales target be end November |
BUY |
Deutsche Bank |
| 30 Nov 2011 |
Central China Real Estate: Henan leader defensive against policy tightening |
BUY |
ICBC |
| 16 Nov 2011 |
CCRE Balance sheet kept stable |
BUY |
Phillip Securities |
| 28 Oct 2011 |
Summary: Central China Real Estate Ltd |
BB-/Stable |
Standard&Poor's |
| 12 Oct 2011 |
Credit Opinion: Central China Real Estate Limited |
BA3 |
Moody's |
| 7 Sep 2011 |
Company Alert: Central China Real Estate |
BUY |
Deutsche Bank |
| 5 Sep 2011 |
Asia Matters Weekly |
BUY |
AM Capital |
| 30 Aug 2011 |
Central China: Niche player in Henan with strong liquidity |
OVERWEIGHT |
JP Morgan |
| 29 Aug 2011 |
China/Hong Kong Company Focus: Central China |
BUY |
DBS Vickers Securities |
| 19 July 2011 |
China/Hong Kong Company Focus: Central China |
BUY |
DBS Vickers Securities |
| 18 July 2011 |
Asia Matters Weekly |
BUY |
AM Capital |
| 12 July 2011 |
China/Hong Kong Company Focus: Central China |
BUY |
DBS Vickers Securities |
| 10 July 2011 |
Central China Real Estate：Sales accelerating financial positions strengthening |
BUY |
Deutsche Bank
|
| 7 July 2011 |
建业地产：收购扩张进行时 |
BUY |
Guoyuan Securities |
| 2 June 2011 |
Central China: Growing within a safe harbour |
BUY |
DBS Vickers |
| 31 May2011 |
CCRE maintains S&P corporate rating of BB-/stable |
BB-/Stable |
Standard&Poor's |
| 20 Apr 2011 |
Central China: Highly defensive amid policy headwinds |
BUY |
Core Pacific - Yamaichi |
| 18 Apr 2011 |
China economic data, Philippines, Hana Bank, Noble, Central China, Road King, Giti Tire |
OVERWEIGHT |
JP Morgan |
| 15 April 2011 |
Equity Focus |
BUY |
CMB International |
| 22 Mar 2011 |
Inland China Growth Plays - Central China Real Estate |
BUY |
Finansa |
| 21 Mar 2011 |
Central China - A larger development scale in FY11 |
BUY |
CMB International |
| 24 Feb 2011 |
Chinese Property - Smaller developers in a portfolio context |
NON - RATED |
UBS |
| 23 Feb 2011 |
Central China Real Estate - Solid operations in a healthy market: Initiate with BUY |
BUY |
Deutsche Bank |
| 21 Feb 2011 |
Asia Matters Weekly |
BUY |
Finansa |
| 19 Jan 2011 |
Central China Real Estate: Initiating Coverage |
Market Weight |
Barclays Capital |
| 5 Jan 2011 |
A regional developer benefiting from demographic shift |
BUY |
Finansa |
| 3 Jan 2011 |
China Property: More challenges ahead, but opportunities too |
Underweight |
Morgan Stanley |
| 3 Jan 2011 |
Central China Steady growth with low policy risk |
BUY |
Core Pacific Yamaichi |
| Year 2010 |
Report Title |
Analyst's Recommendation |
Company |
| 17 Dec 2010 |
Central China: Benefit from rapid urbanization in Henan |
BUY |
CMB International |
| 22 Nov 2010 |
Asia Matters Weekly |
BUY |
Finansa |
| 14 Oct 2010 |
Central China: Initiation: Niche Henan player with strong strategic partner |
OVERWEIGHT |
JP Morgan |
| 24 Sep 2010 |
Central China Real Estate: Industry leader in Henan |
Pre-Deal Bond Research |
Deutsche Bank |
| 24 Aug 2010 |
Central China Real Estate Ltd: steady progress, but much to
accomplish in 2H |
EQUALWEIGHT |
Morgan Stanley |
| 16 Aug 2010 |
Asia Matters Weekly - Defensive regional developer benefiting from China's demographic shift |
BUY |
Finansa |
| 14 Jul 2010 |
Central China: Analyzed non-rated snapshot: property conference takeaways |
NON - RATED |
Citi |
| 05 Jul 2010 |
Central China strong rebound in FY10 |
BUY |
Core Pacific Yamaichi |
| 24 Jun 2010 |
Central China Real Estate: Immune to tightening policies |
BUY |
Oriental Patron |
| 4 Jun 2010 |
China Property: Gloom but not Doom; Opportunities Emerging |
EQUALWEIGHT |
Morgan Stanley |
| 03 Jun 2010 |
Central China Real Estate Defensive against policy tightening |
BUY |
ICBC International |
| 04 May 2010 |
Central China Real Estate remains safe and sound |
NON - RATED |
Oriental Patron |
| 30 Mar 2010 |
Central China: FY09 results-profits decline on low ASP and area completion |
NON - RATED |
Core Pacific Yamaichi |
| 27 Jan 2010 |
China property: Supply looms, policy mixed be selective |
EQUALWEIGHT |
Morgan Stanley |
|
|
|
|
| Year 2009 |
Report Title |
Analyst's Recommendation |
Company |
| 2 Dec 2009 |
Central China Real Estate: initiate coverage |
BUY |
Ji Asia |
| 10 Nov 2009 |
Central China Real Estate: The largest developer in Henan |
NON-RATED |
ICBC International |
| 6 Nov 2009 |
Central China Real Estate strong rebound in 2H09 |
BUY |
Core Pacific Yamaichi |
| 7 Sep 2009 |
Central China playing a central role |
NON-RATED |
CIMB |
| 18 Aug 2009 |
Central China Real Estate initiating at buy: from the Shaolin of real estate development |
BUY |
CITI |
| 22 Jul 2009 |
Central China Real Estate Ltd catching up in the race |
OVERWEIGHT |
Morgan Stanley |
| 2 June 2009 |
China property: Early phase of recovery, focus on urban exposure |
OVERWEIGHT |
Morgan Stanley |
| 30 Mar 2009 |
建业地产08年纯利激增近三倍 |
NON-RATED |
Phillip Securities |
| 19 Jan 2009 |
China Property: The short and long of it |
EQUALWEIGHT |
Morgan Stanley |
|
|
|
|
| Year 2008 |
Report Title |
Analyst's Recommendation |
Company |
| 04 Dec 2008 |
Central China Focusing on the birthplace of China |
NON-RATED |
Kingsway Group |
| 15 Oct 2008 |
China Property: In search of value post capitulation |
EQUALWEIGHT |
Morgan Stanley |
| 08 Oct 2008 |
Central China Real Estate Limited: In 2008H1 net profit soared 526%, adopting conservative strategy to deal with the industry downturn |
BUY |
Phillip Securities |
| 22 Sep 2008 |
Central China Real Estate Tops in most populous province |
MARKETPERFORM |
BOC International |
| 07 Sep 2008 |
Central China Real Estate Ltd unrivalled in populous area |
OVERWEIGHT |
Morgan Stanley |
| 10 May 2008 |
Central China Real Estate Ltd: Regional exposure, absolute dominance |
Pre-Deal Equity Research |
Morgan Stanley |
| 21 Mar 2008 |
Central China Real Estate: The leading homebuilder in the most populous province |
Pre-Deal Equity Research |
BOC International |
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| **Please contact us at ir@centralchina.com if you would like a copy of the report. |
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