Lonking (3339 HK): Trim on Prudence
Benefiting from China's escalated infrastructure spending, Lonking Holdings (3339 HK) witnessed a pickup in its key product sales in Jun (+60-80%...
377 Views
China Infrastructure: Record Special Purpose Bonds Issuance to Drive Construction Sectors in 2H20
China's issuance of special purpose bonds (SPB) reached a record of Rmb2.4trn in 1H20, an overwhelming 73% YoY growth. At least 59% of the proceeds...
335 Views
China Construction Machinery: April Excavator Sales up 59.9%
Total sales of excavators rose 59.9% YoY in Apr, suggesting a very strong pick up in momentum against the 11.6% growth in March. The solid rebound...
294 Views
EM Strategy and Chartbook: Remain Overweight EM Vs. EAFE
China (MSCI China, Shanghai Comp., Shenzhen A Share) continues to offer many attractive setups and is a major focus in today’s EM Strategy report....
315 Views
Sany Heavy (600031.CH):Biggest Beneficiary of Covid-19 Stimulus
We turn positive on Sany Heavy, due to stronger-than -expected positive effect from Covid-19 Stimulus. With new total social financing surging...
430 Views