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...
297 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...
291 Views
CHINA SOE REFORM: Detailed plan due in the next 3 weeks. Potential implications
There is a growing expectation that mergers involving huge state-owned conglomerates could be part of China's soon-to-be-announced reforms of...
282 Views
CHINA ECONOMY: Thoughts and implications post the rate cut
The PBOC announced on Saturday that it will cut the benchmark deposit and loan interest rates by 0.25 basis point starting March 1. We have been...
270 Views