Following the recent sell-down in Yangzijiang Financial Holdings (YZJFH), I decided to rotate a significant portion of my portfolio into the company. To fund this move, I fully exited my position in StarHub and partial stake in PRIME US REIT. I have accumulated a total stake of 240,000 shares in YZJFH. Post-restructuring, YZJFH has emerged as a focused debt investment platform with a strong balance sheet, holding only $300,000 of debt against a $1.8 billion loan portfolio. Its loan portfolio currently carries a book value of approximately 54 cents per share, supported by a credit loss allowance of 5.2 cents per share. Taken together, this implies that if the loan portfolio were to be fully redeemed without drawing down on the credit allowance, the underlying value of the company would amount to roughly 59.2 cents per share. Even allowing for some utilization of the credit allowance, the current market price appears to reflect a substantial discount to underlying asset value....