Ping An Bank: Not Cheap Enough
Ping An Bank Co Ltd A (000001 CH) results show gradual erosion in fundamental trends. We believe that positive fundamental momentum (within our...
677 Views
The China A-Share Revolution
Copley Fund Research analyse the holdings of long-only Global Emerging Market equity funds. All of the Funds in this analysis are actively managed...
1.1k Views
Autohome (ATHM) - Cash Goes to Controlling Shareholder
The ratio of cash to short-term investments (STI) is abnormally low at 6.4% in 2Q18. The controlling shareholder Ping An provided Autohome (ATHM)...
401 Views
China Banks – Special Mention Loans and Bank Lending Under Fire from IMF
In December 2017, the International Monetary Fund (IMF) issued a 270-page report assessing China’s financial sector and specifically how the China...
552 Views
China Banks – After IPO, It Takes 2-3 Years for Impairments to Surpass Funds Raised
We know that banks often raise capital to boost capital adequacy. That is normal. But we also know that banks often use this as the premise, but...
584 Views