Friday, December 23, 2011

Ying Li

Ying Li: Has announced the soft opening of its Yingli IFC mall in Chongqing. The mall has obtained occupancy of over 80% and features brands such as Gianfranco Ferre, Braun Buffel, Toni & Guy, Nike, Adidas, OSIM. Note that this has been a major dev of Ying Li with co stating in prev results that until development of IFC is completed, rev and operating profits were expected to be muted. With the launch, Ying Li will likely see rev figures improving. Co currently trades at 1.1x P/B.

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