Meidong 2015 Results Key Observations
1. Flat YoY profit (taking into account the one-off for compensation to bond holders ) of 115 mn RMB . This is inline with my expectations as...
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BAOXIN: Further Undertakings -If You Think This Gets Done, It's Too Cheap. Gotta Have It.
Last Friday, Baoxin Auto Group Ltd (1293 HK) released a Joint Announcement containing an updated list of Irrevocable Undertakings to ACCEPT the...
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Meidong: The Next China Auto Dealer to Be Acquired?
In this insight, I will profile China Meidong Auto Holdings (1268 HK ). In my previous insight on China Grand Automotive Services and Baoxin Auto...
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Baoxin: CGAS Offer Update, Fair Value, And Arb Grids
Of recent there have been a few tidbits of news, but still no document. A short recap follows.In recent days we have had... an update on...
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2016: More China Auto Dealer M&A?
2015 saw a reasonably large scale M&A when China Grand launched a deal for a 75% stake in Baoxin Auto. I believe we still have at least...
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