Its previous association of the HNA Group, which suffers from a crushing debt burden caused by over-expansion, has caused investors to shy away, unfairly, and therefore, pushing valuations down to levels that can’t be ignored

SINGAPORE (Jan 23): We have picked a few stocks in property, infrastructure and construction. For example, we like Hainan Meilan International Airport. Its previous association with the HNA Group, which suffered from a crushing debt burden caused by over-expansion, has perhaps caused investors to shy away unfairly. But it has also pushed valuations down to levels that can’t be ignored.

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