Higher Associate Income Sees 15%-20% Upside to Our 2017 Forecast, BEH Shares Remain Undervalued
We maintain our fair value estimate of HKD 56.00 for narrow moat-rated Beijing Enterprises Hldgs (392 HK), or BEH, ahead of its interim results due...
253 Views
China Gas Holdings' Results Beat Expectation With Positive Guidance; Increasing FVE to HKD 14.20
We think narrow-moat China Gas Holdings’, or CGH’s, share price should be boosted by its above-consensus fiscal 2017 results and upbeat near-term...
223 Views
Impact of Return Cap for China's City Gas Distributors Hinges on Connection Fee Treatment
The shares of China city gas distributors took a hit May 15 following news that the government may impose a 6% cap on the annual rate of return on...
354 Views
ENN Energy: Golden Long-Term Opportunity as Top Chinese Gas Distributor Valuation Hit Multi-Year Low
Energy Holdings Ltd (2688 HK) (“ENN”) is the largest privately-owned gas distributor in China. Despite China’s determination to lower pollution...
357 Views