China A-Shares: From Overweight to Underowned. A GEM Fund Positioning Analysis
Growth in China A-Share ownership has been one of the defining themes of the last 5-years among global EM active managers. From early 2014 to...
543 Views
Maanshan’s Offer Turns Unconditional
In my note last Friday (Maanshan's Offer Likely To Turn Unconditional), recent CCASS movements indicated the Offer for Maanshan Iron & Steel...
365 Views
Maanshan's Offer Likely To Turn Unconditional
Maanshan Iron & Steel H (323 HK)'s Composite Doc has been issued. The First Closing Date is the 29th October, and the Offer will lapse if not...
494 Views
The Magang/Angang Pair Trade Is Preferable To The MGO
Maanshan Iron & Steel H (323 HK)'s Composite Doc has been issued. The First Closing Date is the 29th October, and the Offer will lapse if not...
522 Views
Angang Steel: From Bad to Worse...
INVESTMENT VIEW: We highlighted in our April upgrade note that Chinese steel fundamentals were at cycle trough and have the potential to quickly...
433 Views