bearish
China & HK Strategy: Assessing Placement Risks, Who Needs Money?
Osbert has highlighted this Insight as a Top Pick
596 Views14 Feb 2025 07:30
The YTD rally prompts high-gearing stocks to raise fresh equity through placements, with GDS Holdings, China Youran Dairy, Shandong Gold, Zhaojin Mining, and BYD Electronics as possible candidates.
What is covered in the Full Insight:
- Introduction
- Market Performance Overview
- Analysis of Equity Placement Risks
- Financial Positions of Top Performers
- Conclusion
Boomeranged on Mon, 24 Mar 2025 07:48
Zhaojin Mining Industry (1818 HK) is the first one in our top 5 list to make a placement. The company is placing 140m H-shares at HK$14.08 to raise total net proceeds of HK$1,970.5m. The placement price is set at a 5.85% discount to the closing price on Friday. The proceeds will be used for replenishing working capital and repaying bank loans.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Top Quartile
Osbert Tang, CFA
HK/China Equity Long-Short
x