First Eagle Investment Management (First Eagle) added to their stake in HK-listed Hysan Development (Hysan). According to a filing made to the Hong Kong Stock Exchange on April 3rd, 2017, the firm bought 212,000 shares on the exchange at an average price of HKD 35.331 per share on March 31st (total consideration was ~US$965,000). Following the purchase, their stake in Hysan increased from 4.98% to […]
Category: Investment Ideas
Perinvest Comments On APTT
James Morton’s February letter for the Asia Dividend Equity Fund is now available via the Perinvest website. One of the fund’s current holdings is the Asian Pay Television Trust (APTT), an SGX-listed business trust focused on pay-TV businesses in Asia. APTT has an investment mandate to acquire controlling interests and to own, operate and maintain mature, cash generative pay-TV and broadband […]
Orbis Adds To Dongfeng Motor Group
Orbis Investment Management (Orbis) added to their stake in HK-listed Dongfeng Motor Group (Dongfeng). According to a filing made to the Hong Kong Stock Exchange on March 27th, 2017, the firm bought 820,000 shares on the exchange at an average price of HKD 9.056 per share on March 22nd (total consideration was ~US$956,000). Following the purchase, their stake in Dongfeng increased from 5.98% to […]
Edgbaston Reduces Stake In Singamas
Edgbaston Investment Partners (Edgbaston) recently trimmed their stake in HK-listed Singamas Container Holdings (Singamas). According to a filing made to the Hong Kong Stock Exchange on March 27th, 2017, the firm sold 432,000 shares on the exchange at an average price of HKD 1.211 per share on March 22nd (total consideration was ~US$67,000). Following the sale, their stake in Singamas decreased slightly […]
Value Partners Trims Stake in TK Group
Value Partners recently trimmed their stake in HK-listed TK Group Holdings (TK Group). According to a filing made to the Hong Kong Stock Exchange on March 24th, 2017, the firm sold 696,000 shares on the exchange at an average price of HKD 2.517 per share on March 21st (total consideration was ~US$225,500). Following the sale, their stake in TK Group decreased from 8.03% […]
Briarwood Adds To Zhong Ao Home Group
Briarwood Capital Partners (Briarwood) recently added to their stake in HK-listed Zhong Ao Home Group (Zhong Ao). According to a filing made to the Hong Kong Stock Exchange on March 23rd, 2017, the firm purchased 578,000 shares on the exchange at an average price of HKD 1.16 per share on March 22nd (total consideration was ~US$86,000). Following the purchase, Briarwood’s stake […]
Farallon Adds To Luzheng Futures
Farallon Capital (Farallon) recently added to their stake in HK-listed Luzheng Futures (Luzheng). According to a filing made to the Hong Kong Stock Exchange on March 17th, 2017, the firm purchased 499,000 shares on the exchange at an average price of HKD 1.743 per share on March 15th (total consideration was ~US$112,000). Following the purchase, Farallon’s stake in Luzheng […]
David Webb Buys More Kingmaker
David Webb recently added to his stake in HK-listed Kingmaker Footwear Holdings (Kingmaker). According to a filing made to the Hong Kong Stock Exchange on March 20th, 2017, he purchased 50,000 shares on the exchange at an average price of HKD 2.08 per share on March 15th (total consideration was ~US$13k). Following the purchase, Webb’s stake in Kingmaker […]
Kennox Comments on Texwinca
The Kennox Strategic Value Fund’s 4Q 2016 report included some commentary on Texwinca Holdings (Texwinca). As of the end of February 2017, Texwinca was the fourth largest holding of the fund (~4.1% of the portfolio). Highlights / excerpts are included below. Company overview: Hong Kong listed textile company; core business provides high-end fabrics to global branded clothing […]
Recent Insider Buys at AIA
Some interesting insider buying activity at AIA over the last month, as originally covered by Robert Halili in the SCMP: 27th February, 2017: Independent non-executive director Lawrence Lau purchased 100,000 shares on the exchange at an average price of HKD 50.10 per share (total consideration is about ~US$645k). Following the purchase, his total shareholding in the company increased […]