EM Equity Strategy: Cyclicals Leading, China Surging
Broadly speaking, RS for MSCI EM is currently exhibiting some mild deterioration vs. MSCI EAFE following four months of clear outperformance....
771 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,...
491 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) - Ahead of the Expected Pace
Turnaround in progress ■2018 is performing ahead of expectations. In April 2018, we flagged Xtep Holdings as a key turnaround story. Having had...
389 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...
305 Views