China’s Congress on AST Industry Oversight: Mostly Rhetoric, Little Practicality
The crackdown on irregular AST businesses, if seriously implemented, will wipe out small operators (mostly mom and pops), and leave the big ones...
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Global Emerging Markets Weekly: 12 March 2021
This insight provides a summary of the key news developments impacting the largest countries and constituents of the Global Emerging Markets equity...
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China ADRs Secondary Listing - Pipeline Looks Rich, Have Three Years to Move
2020 saw nine companies undertake a secondary listing in Hong Kong, to together raise over US$16bn. We shortlist remaining candidates and look at...
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China Education Group Placement - Back for More, past Deal Didn't Do Well
China Education Group (839 HK) is looking to raise up to US$268m in its top-up placement. This will be second placement for the stock in less than...
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TAL Education (TAL): Meaningless Growth Rate in 3Q21
The stock price surged after the announcement of the 3Q21 result, as the revenue growth rate climbed up. However, we believe that TAL’s ability of...
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