Hillhouse Capital Management (Hillhouse) recently trimmed their stake in HK-listed China Suntien Green Energy Corporation Limited (China Suntien). According to a filing submitted to the Hong Kong Stock Exchange on August 8th, 2017, Hillhouse sold 2,980,000 shares on the exchange at an average price of HKD 1.7252 per share on August 4th (total consideration was ~US$659,000). Following the […]
Author: offpisteblog
Edgbaston Increases Stake In Xinhua Winshare
Edgbaston Investment Partners LLP (Edgbaston) recently added to their stake in HK-listed Xinhua Winshare Publishing and Media Company (Xinhua Winshare). According to a filing submitted to the Hong Kong Stock Exchange on August 7th, 2017, the firm bought 397,000 shares on the exchange on August 4th at an average price of HKD 6.4702 per share […]
Mondrian Trims Stake In MicroPort
Mondrian Investment Partners Limited (Mondrian) recently trimmed their stake in HK-listed MicroPort Scientific Corporation (MicroPort). According to a filing submitted to the Hong Kong Stock Exchange on August 4th, 2017, Mondrian sold 738,600 shares on the exchange at an average price of HKD 6.7056 per share on August 3rd (total consideration was ~US$635,000). Following the sale, […]
Readings For The Week (6/8)
This week’s readings include thoughts from Euromoney’s Chris Wright on how to fix Hong Kong’s markets, Cederberg Capital’s July letter, an FT interview with Standard Chartered’s Simon Cooper, a SCMP profile of Cafe de Coral and Jeff Towson on how Starbucks succeeded in China. How to fix Hong Kong’s markets: How does HKEx get the […]
Aswath Damodaran on Cryptocurrencies
Aswath Damodaran has written a concise and informative post on the rise, mechanics and future (as he sees it) of cryptocurrencies. It’s worth reading. He sees digital currencies competing with fiat currencies sooner rather than later, but is “hard pressed to find a winner on the current list.” He thinks that could change if the […]
Fidelity Adds To Stake In Best Pacific
FMR LLC (Fidelity) recently increased their stake in HK-listed Best Pacific International Holdings Limited (Best Pacific). According to a filing submitted to the Hong Kong Stock Exchange on July 31st, 2017, Fidelity bought 3,424,000 shares on the exchange at an average price of HKD 4.5747 per share on July 26th (total consideration was ~US$2.0m). Following the […]
Barron’s Interview With Robert Lloyd George
Barron’s recently interviewed “old Asia hand” Robert Lloyd George, who runs Lloyd George Advisory, an emerging markets fund manager. The firm currently manages funds with teams in Hong Kong and Mumbai. Robert Lloyd George was previously the chairman and founder of Lloyd George Management, which managed up to US$17.7bn prior to its sale to BMO in 2011. […]
RVAM Comments On Link Net
River Valley Asset Management (RVAM) recently published their July 2017 newsletter, which is available for download from their website. RVAM is a Singapore-based boutique asset management firm (their flagship fund is the River Valley Core Compounding Fund, launched in 2014). The firm was founded by Homiyar Vasania, who was previously part of Morgan Stanley’s emerging […]
Readings For The Week (30/7)
This week’s readings include a conversation with Seth Fischer of Oasis Capital Management, short interviews with three of Asia’s leading hoteliers, a look at the decades-long quest to bring down Bloomberg, thoughts on the recent ousting of Nawaz Sharif and an opinion piece on how Hong Kong and China are forging a new innovation economy. […]
Barron’s Interview With James Montier (GMO)
Interesting interview with James Montier in this week’s issue of Barron’s. Montier is a member of the GMO’s Asset Allocation team. Prior to GMO, he was co-head of Global Strategy at Société Générale. Some excerpts / highlights below: On being a value investor in the current environment: “The U.S. has been an incredibly strong market […]