China Gas Placement - Deal Size Is Similar to Last Placement but Dynamics Are Different
China Gas Holdings (384 HK) is looking to raise around US$1.5bn via a top-up placement. This is the fourth placement for the company since 2019.
354 Views
Kunlun Energy (135 HK): Key Takeaways from Post-Result Call
Kunlun's post-result call suggested a stable growth expectation for FY21, and we estimate 25-28% growth. There will be more involvement in new...
264 Views
Kunlun Energy (135 HK): Quick Update on FY20 Result And, More Importantly, Special Dividends
Kunlun has a good FY20 with better than expected natural gas sales profitability. It also declared special dividends from the pipeline and Dalian...
315 Views
ENN Energy (2688 HK): Well Justifies the Premium; and Management Guides for a Better FY21
ENN Energy logged an impressive earnings acceleration in 2H20 and management suggested that FY21 will also be a nice one on good gas volume and...
194 Views
EM Utilities: Bailing Out
With continued underperformance of the MSCI EM Utilities sector, EM managers must question whether Utilities stocks have a place in EM portfolios...
229 Views