361 Degrees: Running on Fumes
RecommendationWe initiate on 361 degrees international (1361 HK) and its subsidiaries (“361°” or the “Group”) with an UNDERWEIGHT recommendation on...
708 Views
Notes from the Silk Road: Xtep Int’l Holdings (1368 HK) - Confirming a Step Up
â– Two positive announcements in quick succession: Xtep International (Xtep) have confirmed our outlook that their turnaround strategy is on track,...
493 Views
ANTA/Amer: Good Deal for Amer and FountainVest, a Poor Deal for ANTA
A consortium led by Anta Sports Products (2020 HK) launched a recommended public cash tender offer for Amer Sports Oyj (AMEAS FH)Â last Friday. The...
702 Views
Notes from the Silk Road: Xtep Int'l Holdings (1368 HK)
Regaining race pace, after a stumbleXtep International Holdings (1368 HK) has exposure to three themes. The first is the emergence of domestic...
311 Views
Anta: How to Benefit from the Fit Wannabe Craze in China
Anta Sports Products Ltd (2020 HK) has delivered record-breaking revenue with a consistent margin over the years and that is higher than its...
303 Views