StubWorld - Set-Up & Unwind Extremes (16 Aug 2017)
This week I briefly look at recent bifurcations in Beijing Enterprises Hldgs (392 HK) and First Gen Corporation (FGEN PM), amongst others. These...
483 Views
Outlook Remains Stable; Maintain Our Fair Value Estimate Of HKD 13.00 Per Share
We maintain our fair value estimate of HKD 13.00 per share for Hong Kong and China Gas, or HKCG, following our recent review of the company’s...
257 Views
Results Reasonable, but Property Sales May Slow in 2016
For full-year 2015, Henderson Land Development reported an underlying profit of HKD 11 billion, up 12% year on year, but 4% below our estimate of...
290 Views
Overall Business Outlook Is Healthy
We recently reviewed Hong Kong and China Gas' business, and we remain comfortable with our overall business outlook. We anticipate that the firm’s...
336 Views