Dempsey Hill Asia Fund (Dempsey Hill) recently reduced its stake in HK-listed Convenience Retail Asia Ltd. (Convenience Retail). According to a filing submitted to the Hong Kong Stock Exchange on September 8th, 2017, the fund sold 2,492,000 shares on the exchange at an average price of HKD 3.70 per share on September 6th (total consideration […]
Category: Investment Ideas
Lazard Reduces Stake In First Pacific
Lazard Asset Management LLC (Lazard) recently reduced their stake in HK-listed First Pacific Company Limited (First Pacific). According to a filing submitted to the Hong Kong Stock Exchange on September 7th, 2017, the firm sold 3,364,000 shares on the exchange at an average price of HKD 5.78 per share on September 1st (total consideration was ~US$2.5m). […]
NTAsian Adds To Stake In VSTECS
NTAsian Discovery Master Fund (NTAsian) recently increased their stake in HK-listed VSTECS Holdings Ltd. (VSTECS). According to a filing submitted to the Hong Kong Stock Exchange on September 1st, 2017, the firm bought 1,052,000 shares on the exchange at an average price of HKD 2.2738 per share on August 31st (total consideration was ~US$306k). Following […]
Arisaig Reduces Stake In Convenience Retail
Arisaig Partners (Arisaig) recently trimmed their stake in HK-listed Convenience Retail Asia Ltd. (Convenience Retail). According to a filing submitted to the Hong Kong Stock Exchange on August 28th, 2017, the firm sold 6,140,000 shares on the exchange at an average price of HKD 4.0001 per share on August 23rd (total consideration was ~US$3.1m). Following the sale, Arisaig’s stake in […]
Marathon Adds To Esprit Stake
Marathon Asset Management LLP (Marathon) recently added to its stake in HK-listed Esprit Holdings (Esprit). According to a filing submitted to the Hong Kong Stock Exchange on August 25th, 2017, the firm bought 997,200 shares on the exchange on August 24th at an average price of HKD 4.4509 per share (the total consideration was ~US$568k). […]
Platinum Increases Stake In BBMG
Platinum Investment Management Limited (Platinum) recently increased their stake in HK-listed BBMG Corporation (BBMG). According to a filing submitted to the Hong Kong Stock Exchange on August 15th, 2017, Platinum purchased 7,086,600 shares on the exchange at an average price of HKD 4.215 per share on August 10th (the total consideration was ~US$3.8m). Following the purchase, their […]
Hillhouse Adds To Stake In China Resources Beer
Hillhouse Capital Management (Hillhouse) recently increased their stake in HK-listed China Resources Beer (Holdings) Company Limited (China Resources Beer). According to a filing submitted to the Hong Kong Stock Exchange on August 14th, 2017, Hillhouse bought 5,162,000 shares on the exchange at an average price of HKD 19.4317 per share on August 9th (the total […]
Waverton Comments On Bekasi Fajar
Waverton Southeast Asian Fund recently published their investor update for July 2017, which is available for download from their website. The letter includes commentary on their (relatively small) position in Krungthai Card Company and their outlook for the banking sector in Singapore (fully valued in their view). The fund also initiated a position in Bekasi […]
Hillhouse Reduces Stake In China Suntien
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 […]
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 […]