Dah Sing (2356 HK): Trading Cheap As Chong Hing Gets Bid
I think one could be long both DSF and DSB. DSF is cheaper, and because of the securities holdings, the discount is more egregious.
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Bank of Chongqing: Cheap Given Fundamental Dynamics
Valuation at Bank of Chongqing is undemanding given the fundamental progression underway and strategic focus on technology and fast developing...
198 Views
Bank of Chongqing: Robust Trends and Cheap Valuation Characterise Chongqing
Chongqing stands out as a cheap bank with strong fundamental momentum in a relatively secure Banking System. Our PH Score, VFM, and behaviourial...
260 Views
Bank Credit Strategy: Pre-Positioning for AT1 Price Accretion
Our top five picks for Additional Tier 1 (AT1) price accretion comprise bonds issued by TMB Bank PCL (TMB TB), Banco Santander Brasil SA (SANB11...
328 Views
Bank Credit Compass: Asia’s Q2 Winners and Losers; What Looks Mispriced into H2
Alpha generation remains available within individual Asian bank bonds. We expect security selection to have a greater impact during the second half...
308 Views