Hang Seng Bank (11 HK): HSBC (5 HK)’s Scheme Privatisation Is a Done Deal
The offer is attractive compared to peer multiples and historical trading ranges. At the current price and for a late March payment, the gross...
1k Views
StubWorld: Absent Borrow, GMO Internet (4784) Is An Avoid
The trade is simple - avoid GMO Internet (4784 JP). Or take down borrow, where possible, for the persistent few who are up to the challenge.
634 Views
Last Week In Event SPACE: Meituan/Prosus, China Medical System, Japanese Banks, New World Dev.
It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...
867 Views
Chinese RCBs: Two Bailouts. How Many More At Risk?
This is largely an objective insight. There can be no guarantee/certainty why one bank may need to hoist the white flag, while another does not....
509 Views
Dah Sing Financial (2356 HK): Discounts On Discounts
Fundamentally, DSF's stubs ops are not exactly blowing the lights out. IF you think credit impairment losses have peaked, or are peaking, you might...
459 Views