AKM Industrial’s Offer Spread Risk/Reward
Approval from the State Administration of Foreign Exchange is the remaining pre-condition. For a July end effective date, the annualised spread to...
322 Views
AKM Industrial’s Privatisation Bid
AKM Industrial announced a privatisation offer at HK$1.82 per scheme share, a 14.47% premium to the last full trading day price. We think the offer...
344 Views
“Buy the Worst” Strategy into Year 3: What's on for 2022 to Beat the HSI?
Our "Buy the Worst" strategy outperformed HSI by a massive 26.1pp YTD. For 2022, new names are Haidilao, Ali Health, Alibaba, Sands China and...
659 Views
A Truce in Trade War?
USTR requested comments on potential exclusions of products of China subject to tariffs. We analyze the potential beneficiaries of this Sino-US...
301 Views
HK Exchange (388): Beneficiary of HK Tech Crack Down
HKEX (388 HK) may be the only Exchange approved by the Chinese government for Chinese companies to raise money from foreign investors. Maintain Buy
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