China Construction Machinery: Buy Zoomlion, Sell Sany Heavy
Primary reasons for this insight: Although PBoC cut the RRR by 50bps on 6 Jan to ease the liquidity, which is positive to Industrials, we are...
514 Views
Zoomlion – Consensus Appears to Be Underestimating the Operating Leverage of This Late-Cycle Play
Some of China’s A-share construction machinery names had a very good 2019 as Sany rose 112%, XMCG rose 69% and Zoomlion rose 88% during the year....
473 Views
Shanghai/​​​​​Shenzhen Connect Flows: $2.6 Bn Inflows Last Week, All Time High Northbound Holding
In our weekly Shanghai/Shenzhen Connect Ideas series, we aim to help our investors understand the flow of northbound trades via the Shanghai and...
487 Views
Shanghai/​​​Shenzhen Connect Flows: $3bn Inflows Ahead of Phase 1 Trade Deal
In our weekly Shanghai/Shenzhen Connect Ideas series, we aim to help our investors understand the flow of northbound trades via the Shanghai and...
501 Views
Changsha Broad Homes (长沙远大宅工) IPO - More Dividend Paid in 2019
Changsha Broad Homes (1760911D HK) (CBH) is looking to raise up to US$194m in its Hong Kong IPO. CBH is a prefabricated construction service...
637 Views