In today’s briefing:
- Morning Views Asia: China Vanke , Lippo Malls Indonesia Retail Trust
- Glove & PPE Stocks in Play Over Past Week
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Morning Views Asia: China Vanke , Lippo Malls Indonesia Retail Trust
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
Glove & PPE Stocks in Play Over Past Week
- Top Glove, Medtecs International, UG HealthCare and Riverstone have averaged 24% returns in the month-to-date, partially attributed to the Biden administration announcing higher tariff rates for certain imports from China including PPE items such as respirators and face masks, in addition to rubber medical and surgical gloves.
- This month, Top Glove ADT has surged more than 5-fold from the preceding 4 months.
- As maintained by Top Glove Corporation, gloves have evolved from basic protective gear to sophisticated, technologically advanced products that cater to a wide range of applications.