bearish
Chinese Estates (127 HK): Understanding The Scheme Voting
617 Views20 Dec 2021 12:14
This is now a value play, and a relatively illiquid one at that. I'd avoid the stock as I would expect shares to trade sideways and oscillate with the fortunes (and misfortunes) of Evergrande.
Boomeranged on Tue, 25 Jun 2024 13:02
Interesting development. 230.977mn shares (or 12.11% of shares out) in Chinese Estates (127 HK) have moved into CCASS (and into BNP). That's almost exactly the shares held by Joseph Lau Luen Hung Investments, a vehicle controlled by former chairman Joseph Lau and his wife Kimbee Chan. The Lau family attempted to take Chinese Estates private in 2021 but failed the "headcount test".
SUMMARY
(Sign Up to Access)Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Chinese Estates (127 HK): Understanding The Scheme Voting20 Dec 2021
- Chinese Estates (127 HK): Scheme Doc Out. Meeting on 17 December24 Nov 2021
- Chinese Estates (127 HK): $4.00/Share Offer06 Oct 2021
x