Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Experienced PM in Asia-focused, long-short, equity hedge funds. Top-down macro overview  generating investment themes and ideas, before moving to sector and stock selection.
The analysis of macro themes can inform your own macro strategy and/or provide a backdrop for your own stock specific research.
All information is from publicly available sources and ideas are based on our own views and analysis.

Sinotrans (598.HK)-Unlikely to Perform in the Short to Mid Term.

Sinotrans (598.HK), a Shining Example of SOE Reform

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Further Opportunities in the Hong Kong Market

Equity Bottom-Up

<ul>
<li>Volume and revenue grow as the company works with China’s new trading partners</li>
<li>Margins and cashflow under pressure due to a weak domestic economy and higher freight rates</li>
<li>Cross-Border e-commerce growing fast from a small base relative to other divisions</li>
</ul>


Volume and revenue grow as the company works with China’s new trading partners
Margins and cashflow under pressure due to a weak domestic economy and higher freight rates
Cross-Border e-commerce growing fast from a small base relative to other divisions


Sinotrans-(598.HK) - Interim Results Highlight Risks to Be Managed