CCLTF - Despite that, the current valuation is too low even accounting for that potential risk. He he, well he hasn't specified why he thinks the risk is overdone - investors are big on whys not so big on being told not to worry.
The Chinese shorters have made a property the central plank of their theme and any investor needs to have reassurances on that. His two points for low valuation are SPAC and OTCBB and I think that these are secondary to the housing market.
ANYWAY, I don't want to appear picky as the piece helped me understand the company better.
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