Nam Tai Property: Back On The Map - Buy (Rating Upgrade)

  • In late 2024, Nam Tai Property regained full control of its mainland China assets and agreed to settle virtually all outstanding litigation. In recent months, the company has regained access to local bank financing, retained a new audit firm and bolstered liquidity by the sale of a non-core property in Wuxi. Even more importantly, strong policy support has resulted in the Shenzhen real estate market showing signs of life as of late.