Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Focusing on Asian logistics, transportation, and travel companies

Asian Equities Analyst, Logistics & Transport

Equity Bottom-Up

Zhonghong Holding Co Ltd A / Equity Bottom-Up

<p>On Friday <a href="https://www.smartkarma.com/entities/18259" target="_blank" data-smartkarma-citation="entities:18259:1">Seaworld Entertainment Inc (SEAS US)</a> announced that Suzhou-based property and leisure conglomerate <a href="https://www.smartkarma.com/entities/14824" target="_blank" data-smartkarma-citation="entities:14824:1">Zhonghong Holding Co Ltd A (000979 CH)</a> plans to acquire a 21% stake in the marine park operator from <a href="https://www.smartkarma.com/entities/6249" target="_blank" data-smartkarma-citation="entities:6249:1">Blackrock Inc (BLK US)</a>. The proposed transaction suggests continued strong interest from Chinese investors in the US entertainment and hospitality segments, both of which absorbed record levels of Chinese investment in 2016. </p><p>In this note we present an overview of the proposed deal and…</p>

On Friday Seaworld Entertainment Inc (SEAS US) announced that Suzhou-based property and leisure conglomerate Zhonghong Holding Co Ltd A (000979 CH) plans to acquire a 21% stake in the marine park operator from Blackrock Inc (BLK US). The proposed transaction suggests continued strong interest from Chinese investors in the US entertainment and hospitality segments, both of which absorbed record levels of Chinese investment in 2016. In this note we present an overview of the proposed deal and…

Whale of a Deal! ZhongHong Buys 21% of SeaWorld, Extends Boom in Chinese FDI in US Entertainment