China Merchants Ports Holding (SEHK: 0144):Trade Conflict Choking Growth and Valuations
On YTD basis, the stock underperformed the broader index (-13.2% vs Drewry Port Index: -9.4%) and the P/E of 6.3x remained well below the industry...
436 Views
China Merchants Port (144 HK): Extending Outperformance Against SIPG (600018 CH)
Since the publication of our Insight China Merchants Port (144 HK): Attractive Stub Value Ex-SIPG (600018 CH), China Merchants Port (144 HK) has...
452 Views
Cosco Shipping Ports (HK: 1199): Valuation Dented by Trade War, Expect Moderate Recovery
The company’s throughput data reported a lower growth of 4.6% in 3Q19 (vs 11.8% in 3Q18). Uncle Sam’s effort to tame the dragon seems to be taking...
493 Views
Dalian Ports' Unconditional MGO
The Composite Document for China Merchants Group Limited's (CMG) Offer for Dalian Port (Pda) Co Ltd H (2880 HK) has now been dispatched. The...
741 Views
China Merchants Port (144 HK): Weak 1H2019 but Stub Value Stays Attractive
China Merchants Port (144 HK) reported a set of weak 1H2019 profit figures when compared with Shanghai International Port Group (600018 CH),...
568 Views