Hang Lung Properties (101 HK): Scrip Div Helps the Family to Chip Away at Minorities
The Chan family have plenty of headroom to chip away at minorities before breaching the 25% public float requirements. HPL’s valuation is...
453 Views
Last Week in Event SPACE: Keisei Electric /Oriental Land, SingTel, Alumina/Alcoa, Li Ning
The weekend is here! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed...
371 Views
Sino Land (83 HK) – a HK/CN Developer with Net Cash, but No Catalysts. Likely Remain as Value Trap
Sino Land is a HK/China developer with both DP and IP business. It has strong balance sheet with net cash. However we view there is a lack of...
429 Views
StubWorld: Buoyant Henderson As Hong Kong Eases Covid Rules
Henderson's stake in HKCG is a weak stub - accounting for ~47% of market cap, but ~14% of GAV. But I think Henderson has more to run here. Its P/B...
363 Views
Anjuke Pre-IPO - Mixed (Positive and Negative) Developments
Anjuke, a real estate information and transaction service provider, is looking to raise around US$1bn in its Hong Kong listing. The company is a...
328 Views