bullish

Meituan

Last Week In Event SPACE: Meituan/Prosus, China Medical System, Japanese Banks, New World Dev.

727 Views13 Jul 2025 06:20
SUMMARY
  • The benefits of China Medical System (867 HK) China Medical System (867 HK)'s secondary listing on the SGX are more apparent than real.
  • Should Meituan (3690 HK) continue its Brazil market launch, Prosus NV (PRX NA) will have little reason to continue to hold on to its Meituan stake.
  • Look for value to be realised for Japanese banks with low PBRs and PERs, AND high cross-holdings as a percentage of market cap or book value through better capital allocation.
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