Midea Group H Share Listing: AH Discount Views
Midea is premarketing an H Share listing to raise US$3 billion. In this note, we examine the likely discount that Midea will offer its H Shares...
480 Views
Midea Group H Share Listing: Latest Updates Points to a Business in Rude Health
The PHIP update shows that the business is in good health, with accelerating growth, rising margins, and strong cash generation. Therefore, a...
461 Views
Midea Group H Share Listing: The Investment Case
The investment case rests on return to growth, margin on an upward trajectory, cash generation, strong balance sheet and undemanding valuation.
839 Views
Northbound Flows Monthly (June): $11bn Inflows
We estimate $11bn inflow into A-share market through northbound in June and highlight monthly inflows into Moutai, Yili, East Money, Tongwei, and...
357 Views
China "6.18" Home Appliance Online Sales
Online sales of the overall home appliance sector during the "6.18" promotional event went up by 37% vs 2017. Premiumization prevails among key...
491 Views