HK/China Equity Long-Short

Osbert Tang, CFA

Osbert Tang is an equity analyst with over 20 years of experience with focuses on China transport, infrastructure, industrials and utilities sectors. He has been based in Shanghai since 2003, accumulated nearly 20 years of on-ground knowledge on the Chinese economy and financial markets, and has a wealth of contacts with China corporates and government entities. 

Osbert has received votes from top-tier institutional investors and has been a highly-ranked transport and infrastructure analyst in the Asiamoney, Institutional Investors and Greenwich surveys. In addition to his extensive experience with international investment banks including RBS, ABN AMRO (both served as Shanghai Chief Representative), Paribas Asia Equity, Maybank Kim Eng and DBS Securities, he has been a senior analyst with Moody’s Investors Service with focus on ratings of China infrastructure and related LGFV issuers. He has also worked in the area of strategic development at Sun Hung Kai Properties Limited. 

Osbert holds a BBA from the Chinese University of Hong Kong, an MBA from the University of Texas at Austin and a MSSc in Applied Psychology from the City University of Hong Kong. He was accredited with the CFA charter in 1997, and is a member of both British Psychological Society and Hong Kong Psychological Society.

China Longyuan (916 HK): Record-Breaking Jan, and Strategically Positioned for the Long Term

China Longyuan (916 HK): Things Aren't that Bad

China Yangtze Power (600900 CH): Well Positioned to Capture China's Clean Energy Initiative

China Yangtze Power (600900 CH): Pre-GDR Initial Thoughts

China Three Gorges Renewables A-Share Pre-IPO: Initial Thoughts

Equity Capital Markets

China Three Gorges Renewables / Equity Capital Markets

China Three Gorges Renewables (600905 CH)

<p>China's environmental initiatives seem to have reflected on the acceleration of new and clean energy A-share IPO approval pipeline lately. The CSRC approved 3 such IPOs, including the largest one <a href="https://www.smartkarma.com/entities/china-three-gorges-renewables" target="_blank" data-smartkarma-citation="entities:28950:1" rel="noopener">China Three Gorges Renewables (CIWGCZ CH)</a> in its issuance appraisal committee meetings in Dec. By number, these three companies equal to significant 23% of all the approvals so far in the month, compared with none for Sep-Nov. </p><p>On 24 Dec, another sizeable player - Zhejiang Provincial New Energy Investment Group Co., Ltd (ZJNE) - will go through the committee meeting. If it is approved, and likely will be, new and clean energy IPOs approved will reach 25% of total approved in Dec. They will likely to reach the market in late-1Q21 to the earliest, raising an aggregate of Rmb29bn from the market - 2021 will definitely be an eventful year for new and clean energy sector in China.  </p>

China's environmental initiatives seem to have reflected on the acceleration of new and clean energy A-share IPO approval pipeline lately. The CSRC approved 3 such IPOs, including the largest one China Three Gorges Renewables (CIWGCZ CH) in its issuance appraisal committee meetings in Dec. By number, these three companies equal to significant 23% of all the approvals so far in the month, compared with none for Sep-Nov. On 24 Dec, another sizeable player - Zhejiang Provincial New Energy Investment Group Co., Ltd (ZJNE) - will go through the committee meeting. If it is approved, and likely will be, new and clean energy IPOs approved will reach 25% of total approved in Dec. They will likely to reach the market in late-1Q21 to the earliest, raising an aggregate of Rmb29bn from the market - 2021 will definitely be an eventful year for new and clean energy sector in China.  

China New and Clean Energy: A-Share IPO Pipeline Gathering Pace