Tightened Regulations on China's Bill Financing Pose NIM Pressures for Certain Banks
Risks regarding bill-financing business have recently become a new source of concern for Chinese banks. Bill-financing frauds seen at both the...
187 Views
First Pacific (142 HK): Stub Surges 30% - Unwind
The First Pacific ex-PLDT/Indofood stub has rallied from -HK$2.93 to current levels of -HK$2.06.This comes primarily on the back of poor nine-month...
439 Views
First Pacific (142 HK): Discussion with Management on Catalysts/Near Term Events
Following on from my earlier note I have dug a little deeper with management to determine what will be the key drivers of growth. Where will the...
328 Views
First Pacific (142 HK): Goodman and Metro Pacific Set to Reignite the Stub
First Pacific is trading at historically wide discount to NAV levels whilst the relative yield premium at Philippine Long Distance Telecom (PLDT)...
604 Views
(QUICK UPDATE) Tracking the herd of Chinese tourist: Japan and Thailand top the list
I talked about 3 structural bears for Hong Kong's tourism earlier this year in February:1. How Hong Kong is losing its attractiveness as tourist...
403 Views