Last Week in Event SPACE: ZOZO, HKEx/LSE, Nexon, Pacific Energy, Melco, Philip Morris, Changyou
Last Week in Event SPACE ... In the end, what this Tender Offer for ZOZO Inc (3092 JP) from Yahoo Japan (4689 JP) is really about is the emergence...
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HDFC Bank - Case of the Collapsing ADR Premium
Over the last couple of months, the premium on HDFC Bank (ADR) (HDB US) has dropped from around 23% to 11%. Over the same period the local stock...
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India Banks – Deterioration
We do not view the INR700bn recapitalization of government banks as a panacea. We do not view the US$24.8bn Reserve Bank of India (RBI) payment to...
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As the Economy Slumps, Can HDFC Bank’s Retail Strategy Escape Being Dragged Down?
The sharp slowdown in the Indian economy and the wide publicity to the production cutbacks and layoffs in the automobile sector have cast the...
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HDFC Bank: Growing Customers, Shrinking CASA?
HDFC Bank’s low-cost liabilities strategy of focusing on huge numbers of new client acquisitions in the semi-urban and rural centres may be getting...
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