Country Garden is an integrated real estate company with projects in residential buildings, parking and retail shops. The company is made up or four devisions - property development, construction, property management and hotel management.
China is hot. I mean really hot. You can win with this stock in at least 3 ways:
1. A sound business plan
Country Garden specializes in turning low cost land in rural areas into high priced residential or resort properties. Their developments have been a great success. When a company is able to a lot of value to raw materials, the value added translates into profits. Lots and lots of profits.
1. The appreciation of the Renminbi
2. Potential addition to the Hang Seng Index
3. The importance of home ownership to the Chinese
Having only recently penetrated into Northern China, Country Garden is merely in its nascent stages. There is plenty of potential for growth. Unfortunately it is only listed in Hong Kong as an ADR. So only those of you with access to the HK stock market can hold this stock.
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