Houmu Holdings Ltd (HOMU)

[marcis]

China now, with the over heated urban construction building up, reminds me of late ‘70’s NYC building boom. Even lower Eastside Manhattan real estate was getting hot.

I remember as a kid from the burbs late 60’d going down below canal street in China town with empty tenements buying Chinese fireworks Late 70’s was a turn around in economics there. Much like China’s urban areas today

The recent China renaissance of urban building now is similar IMO to NYC late 70’s.

Late 70’s yet in NYC didn’t have the big $$$ market funds built up yet. So as I recall clearly foreign money from the Japanese hot market ie. Toyota, Nissan, Sony, etc
Swooped in and bought up many NYC properties and debt pennies on sale the dollar ( to sell years later at huge $$$ )

IMO we are seeing the fast growing pains in China and I may be wrong but I think Wei Tian and the Holding Group may be in a good position to cash on debt like pennies to the dollar in China now from the likes of Evergrande’s type of $$$ default

We could see a massive profit going forward long term IMO

$$$ HOMU