Shougang Fushan Resources (639 HK): Partial Offer Is Unconditional
If the partial offer’s acceptance rate mirrors today’s general meeting minorities participation rate of 63.6%, it would imply a minimum proration...
311 Views
Yitai Coal (3948 HK): Offer Open with H Share Class Meeting on 30 June
The de-rating of the peers, likely supportive substantial H Shareholders and no major retail opposition should help hit the 90% threshold. At the...
341 Views
Asia HY Monthly – LARA and Credit Bias Study (May 2019)
The major development in May was the almost complete breakdown in China-US trade negotiations. The talks ceased on May 11th with no agreement, soon...
99 Views
Who Wins and Who Loses from Oil Under $50? Hint: Invest in Asia
Hungary: Faster earnings growth should drive GDP higher in coming months.Mexico: Expected to raise rates 50bps next Thursday in the wake of...
6.5k Views
Surging Coal Prices Drove Positive 2016 Profit Alerts for Coal Companies
The positive 2016 profit alerts from China’s coal companies are within expectations, with profit rebounds driven by higher coal prices. The...
735 Views