HK Shorts - Covering in Consumer Discretionary Names
We analyse the latest SFC data released Friday evening on short position reporting in Hong Kong for the week ended 25 October. Total short...
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China Auto: Tailwind Is Coming? Not Yet!
According to CPCA, China's PV retail sales are getting worse. It dropped by 21% yoy in the first three weeks of August. Last week, State Council...
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China Auto: July NEV PV Sales Declined, Earlier than Expected
NEV PV sales growth turned negative due to buyers bringing forward the intended purchase in June before the subsidy is cut. While July NEV sales...
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Brilliance China: Cash Cow with Solid Earnings Performance
After Brilliance China's announcement declaring a special dividend of HK$0.74 per ordinary share, the company's share price has been under...
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Brilliance China: Defensive Player
Considering its core business's poor profitability after selling 25% stake of BMW Brilliance to BMW China in 2022, we don't view Brilliance China...
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