HKBN (1310 HK): China Mobile Is the Latest to Show Interest
To get an idea of the appropriate offer price, we examine shareholding dealings from substantial shareholders. Our analysis suggests that a scheme...
413 Views
Tencent Meituan Dividend - The US$17bn Overhang Is Here - Not All Shares in CCASS, Here We Go Again!
On 16th Nov 22, Tencent declared an interim dividend by way of distribution in specie of Class B Ordinary shares of Meituan. The settlement was...
550 Views
China Telcos: Send In The Clouds
At 1x forward EV/EBITDA and a 5.6% yield, Unicom is cheap. I don't have a bone to pick with Mobile at 2.1x and a 7.9% yield; or Telecom - but...
449 Views
TPG Telecom Possible Selldown - Founder Could Look to Raise up to US$1bn with a Clean Exit
TPG Telecom was formed by a merger of Vodafone and TPG in Jul 2020. The merger resulted in the shares owned by Vodafone, Hutchison and David Teoh,...
429 Views
EM Fund Positioning: All You Need to Know
In this analysis, we provide a detailed overview of investor positioning among 250 active Global Emerging Market funds with combined AUM of $500bn.
295 Views