A herd of fine horses are starting to head back to their home market
Two years ago I recalled during May/June period, put premiums were at double digits for the biggest china financial stocks. It was dirt cheap at...
457 Views
MACRO: IS A CHINA RENMINBI DEVALUATION ON THE CARDS?
Whilst a lot of people – internally here as well – are in the no CNY devaluation Camp on the renminbi, see a good piece on this from The Economist....
276 Views
Cinda (1359 HK) - Too big a block for placing so soon. Avoid the deal
UBS plans to sell 490m shares (worth ~US303m) of China Cinda Asset Management (Cinda). We have not run our framework for this deal, as there was...
302 Views
Cinda (1359 HK) - Buying bad can sometimes be good. Take the deal
Citic Capital aims to raise US$140m through a secondary sale of its shares in China Cinda Asset Management (Cinda). Our framework doesn't do...
292 Views
Systemic problems in China – Is the Renminbi set to tumble?
Initiating 1 year USDCNH Vanilla Call Option with Strike 7.0000. This trade is one way to take advantage of/hedge against potential currency...
274 Views