Yanlord Land (Z25.SG) +0.6% at $1.73, recouping part of yesterday’s 5% loss triggered by concerns of slowdown in China’s economy, which would imply reduced demand for high-end developer’s homes, says Dow Jones.

“We suggest investors pay more attention that the company has maintained its high sell-through rate amid the weak market in May,” says CLSA, which has Buy call with $2.00 target. “The sell-through rate is still above that in 2008.”

Adds Yanlord’s fundamentals remain sound, with net gearing, inventory level, contracted sales “far stronger” than in 2008.

10-day moving average, last at $1.77, tipped as immediate resistance.