Shandong Gold IPO Preview: Trim Hedges & Improve Margins, But Can They Do It
Shandong Gold Mining Co., (600547 CH) has recently filed a revised PHIP. Financial Times reports that the company is likely to raise up to HK$1B...
503 Views
U.S. Equity Strategy: Reiterating Biotechs, Gold Miners; Downgrading Financials to Market Weight
Key themes: Downgrading Financials. Given the Sector’s relative deterioration, we are downgrading Financials to market weight. Pockets of strength...
491 Views
Gold: Is It the Beginning of New Golden Era or End of the Bull Run?
Gold has had a great run in the last 15 years, beating almost all the other class. Is it the beginning of an another super cycle or is the current...
437 Views
Market Is Wrong on US Tariffs for Chinese Steel
The market is expecting US tariffs on Chinese steel exports wrongly believing Chinese are major steel exporters to the US.Steel exports to US...
2.5k Views
Avoid the Steel Trap: Fundamentals Indicate Trouble Ahead
With U.S. steelmaker stocks having rallied sharply after a painful 2015, shares are now pricing in much better times ahead. Given the impact of...
311 Views