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.

CIMC Enric (3899 HK): Maintaining a Solid Trend

Dongfang Electric (1072 HK) And CIMC Enric (3899 HK): Two Stocks for the Next Five Years

CIMC Enric (3899 HK): Growth Outlook Secured by Encouraging Orderbook

CIMC Enric (3899 HK): Still Running on the Fast Lane

China's Hydrogen Economy: NPC and CPPCC to Give a Boost?

Equity Bottom-Up

<ul>
<li>We see the positive share price reaction of <a href="https://www.smartkarma.com/entities/cimc-enric-holdings-ltd" target="_blank" data-smartkarma-citation="entities:47:1" rel="noopener">CIMC Enric Holdings (3899 HK)</a> after posting a 34.5% 1H22 core profit growth not yet enough to reflect its encouraging earnings outlook.</li>
<li>Good order backlog, recovery at clean energy and increase in liquid food demand will add to the strength at chemical and environment segment as CIMC Enric's drivers.</li>
<li>Hydrogen energy business made impressive contribution growth and it should benefit from local governments' hydrogen initiatives. The stock's high PERs are just reflection of huge long-term potential. </li>
</ul>


We see the positive share price reaction of CIMC Enric Holdings (3899 HK) after posting a 34.5% 1H22 core profit growth not yet enough to reflect its encouraging earnings outlook.
Good order backlog, recovery at clean energy and increase in liquid food demand will add to the strength at chemical and environment segment as CIMC Enric's drivers.
Hydrogen energy business made impressive contribution growth and it should benefit from local governments' hydrogen initiatives. The stock's high PERs are just reflection of huge long-term potential. 


CIMC Enric (3899 HK): Growth Outlook Supported by Multiple Engines