In today’s briefing:
- Comfortdelgro (CD): The Chinese Is Back
- Morning Views Asia: China Jinmao Holdings, Lippo Malls Indonesia Retail Trust, Yanlord Land
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Comfortdelgro (CD): The Chinese Is Back
- The share price has increased by around 20% since mid-last year.
- A new revenue stream from the booking fee through the Zig app and calls that, albeit small, it was never possible to share upside with cabbies before.
- Extension from 15 days to 30 days visa-free for Chinese tourists to come to Singapore on early 2024.
Morning Views Asia: China Jinmao Holdings, Lippo Malls Indonesia Retail Trust, Yanlord Land
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.