While everyone’s watching big tech like Apple and Amazon, $CNF is quietly navigating China’s real estate finance space. The company focuses on home equity loans for small business owners in cities hit by market uncertainty.
With a low P/B ratio (under 0.1x) and a small market cap (~$50 million), $CNF is trading cheap — but the real estate market is risky right now. Still, if they weather this storm, $CNF could be positioned for growth when things stabilize.
Could this be an undervalued play, or is the real estate slowdown too much to handle?
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source https://www.reddit.com/r/RealEstate/comments/1m0d7v6/cnf_is_it_the_hidden_gem_in_chinas_real_estate/
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