Equity Research Analyst, Maritime sector, Drewry Maritime Financial Research

Ankush Kathuria CFA, FRM

Equity Research Analyst, Maritime sector

Maritime Sector, Equity & Credit Research

Drewry Maritime Financial Research

With no ties to other players in the shipping, finance or banking world, we provide a uniquely impartial view of the markets and companies we cover. Our parent organization, Drewry is a leading independent provider of research services to the maritime and shipping industry, employing over 100 professionals across an international network of offices in London, Delhi, Singapore and Shanghai. Combining our market-leading resources with seasoned sector expertise DFRS offers a highly differentiated and comprehensive range of investment and financial research services to lenders and prospective investors in publicly listed maritime and shipping companies. The full service of reports, supporting resources and sector orientated webinars provides our clients with the most complete picture of the organisations under coverage as is possible. We have been charting and analysing the world’s maritime markets for more than 40 years. This unrivalled intelligence and understanding provides the foundation of our research service. Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. We look at globally listed companies within the following sectors: Port Operators, Container Shipping, Container Manufacturing & Leasing, LNG Shipping, Dry Bulk Shipping and Tanker Shipping. Combine in-depth sector expertise with financial analysis focusing on over 50 stocks globally.

Thematic (Sector/Industry)

Hong kong Industrials / Thematic (Sector/Industry)

<p><strong>Intensifying concerns about China as it registered its slowest growth since 1990 set the tone for a roller-coaster ride in 2016. The largest emerging country expanded 6.9%y/y in 2015, prompting the IMF to slash its global growth forecast for the third time in less than a year. Drewry Port Index fell 14% in the first three weeks of trading. The divergence between MSCI World and Drewry Port Index is the greatest since January 2015, pointing to a value buy for the port index compared with a year ago.</strong></p>

Intensifying concerns about China as it registered its slowest growth since 1990 set the tone for a roller-coaster ride in 2016. The largest emerging country expanded 6.9%y/y in 2015, prompting the IMF to slash its global growth forecast for the third time in less than a year. Drewry Port Index fell 14% in the first three weeks of trading. The divergence between MSCI World and Drewry Port Index is the greatest since January 2015, pointing to a value buy for the port index compared with a year ago.

Canvest Environmental Protection Group (1381 HK)

China High Speed Transmission Equip Grp (658 HK)

Tech Pro Technology Development (3823 HK)

China Metal International Holdings (319 HK)

Transport International Holdings Ltd (62 HK)

China State Construction Development (830 HK)

Changan Minsheng Apll Logistics (1292 HK)

Chu Kong Shipping Enterprises(Grp) (560 HK)

Jimei International Entertainmnt Grp (1159 HK)

Prosperity Int'L Holdings (H.K.) (803 HK)

China Energine International Holdings (1185 HK)

Yuexiu Transport Infrastructure (1052 HK)

Vision Fame International Holding (1315 HK)

Freetech Road Recycling Technology Hold (6888 HK)

Eva Precision Industrial Holdings (838 HK)

Jinchuan Group International Resources (2362 HK)

Port Operators 2016 - Sieve Out Value Companies Amid Slowing Trade Growth