Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Equity Bottom-Up

IKang Healthcare Group (ADR) / Equity Bottom-Up

Jiangsu Sanyou's newly-announced competing offer of US$22/ADS poses strong competition to the initial US$17.80/ADS bid from&nbsp;iKang's Chairman, and consistent with our thinking that an offer must exceed US$20/ADS to be fair to current holders. We think that iKang's special committee must take this bid seriously and prod the Chairman to top it.

Jiangsu Sanyou's newly-announced competing offer of US$22/ADS poses strong competition to the initial US$17.80/ADS bid from&nbsp;iKang's Chairman, and consistent with our thinking that an offer must exceed US$20/ADS to be fair to current holders. We think that iKang's special committee must take this bid seriously and prod the Chairman to top it.

Chairman, sgtradex

Tan Chin-Hwee

Chairman

Thematic (Sector/Industry)

Two years ago I recalled during May/June period, put premiums were at double digits for the biggest china financial stocks. It was dirt cheap at low valuation pricing (3x p/e; 0.8x p/b) pricing in worse cases scenario. Clear Buy. In the last two months, US$1.7 trillion having been added to China&rsquo;s stock market capitalization with some Chinese valuations now look excessive (according to CLSA, China&rsquo;s nine largest listed stock brokers have a combined market cap US$319bn). Market is indeed hot, as an investor in a start-up P2P china financial portal-an additional 1 million new subscribers signed up in last 3 months! &nbsp;Overall, the influx of foreign money will be a great time for the SOE sector to deleverage and the banks to recapitalize and write down their debt.

Two years ago I recalled during May/June period, put premiums were at double digits for the biggest china financial stocks. It was dirt cheap at low valuation pricing (3x p/e; 0.8x p/b) pricing in worse cases scenario. Clear Buy.  In the last two months, US$1.7 trillion having been added to China&rsquo;s stock market capitalization with some Chinese valuations now look excessive (according to CLSA, China&rsquo;s nine largest listed stock brokers have a combined market cap US$319bn). Market is indeed hot, as an investor in a start-up P2P china financial portal-an additional 1 million new subscribers signed up in last 3 months! &nbsp;Overall, the influx of foreign money will be a great time for the SOE sector to deleverage and the banks to recapitalize and write down their debt.

A herd of fine horses are starting to head back to their home market

China

Meinian Onehealth Healthcare Holdings Co Ltd mainly provides health examination  services.

Meinian Onehealth Healthcare H (002044 CH)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Meinian Onehealth Healthcare H (002044 CH)

Never Leave an Opening

Jiangsu Sanyou's newly-announced competing offer of US$22/ADS poses strong competition to the initial US$17.80/ADS bid from iKang's Chairman, and...

Kemp Dolliver, CFA

A herd of fine horses are starting to head back to their home market

Two years ago I recalled during May/June period, put premiums were at double digits for the biggest china financial stocks. It was dirt cheap at...

Tan Chin-Hwee

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)