China Pair Trade Idea: Long Air China (753 HK), Short CSA (1055 HK)
Air China has lower USD debt than CSA, making it less exposed to Rmb depreciation. Recovery of international traffic will lower unit costs and...
429 Views
Last Week in Event SPACE: Fast Retailing, Giordano, C&F Logistics, Swire, Japan's Big Dividend
The weekend is here! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed...
531 Views
Swire Pac (19 HK): Flying High
I still prefer Swire Pac here over Prop, but it's not a high-conviction trade. I don't foresee an imminent and material change in the shareholder...
384 Views
Interglobe Aviation (Indigo) Lockup - Still Has US$3bn+ Stake Left, After Three Prior Selldowns
The founder is now looking up to US$450m via selling around 3.3% of the company. This deal is well flagged although the timing is a few days later...
588 Views
Monthly Chinese Tourism Tracker | January & Initial Read On February Both Indicate Solid Growth
In January 2024 Chinese travel demand continued to recover, and initial indications are that demand related to the long LNY holiday was also strong.
350 Views