Kunlun Energy (135 HK): Solid Growth in Downstream Gas Sales Is the Driver
Kunlun Energy (135 HK) has a slightly lower-than-expected FY19 result (+6.2% YoY for core profit), but we read that the good news is the strong...
472 Views
HSCEI Dividend Futures - 2020 Oversold, 20/21 Spread Closer to Fair Value
As the Hang Seng China Enterprises Index (HSCEI INDEX) continues to drop, the dividend futures expiring in 2020 and 2021 get dragged down along...
495 Views
China Onshore Credit: Is the Oil Exposure Heavy in the Bond Market?
We believe China's onshore bond market's exposure to the oil sector is very manageable, as the bonds issued by upstream oil companies only account...
458 Views
HSCEI Dividend Futures - Sell The 20/21 Spread
Since we published our last Insight, the HSCEI dividend futures expiring in December 2020 have sold off 7.5% mainly driven by lower economic...
535 Views
COSCO Shipping Energy (1138 HK): 10-Year Low Valuation Reflected Worst Case Scenario
Cosco Shipping Energy Transportation Co. Ltd. (H) (1138 HK), CSET, experienced a 11% drop in its share price in the last five trading days on the...
569 Views