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, […]
Category: Investment Ideas
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 […]
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 […]
GMO Adds To China Machinery Engineering
Grantham, Mayo, Van Otterloo & Co. LLC (GMO) recently added to its stake in HK-listed China Machinery Engineering Corporation (CMEC). According to a filing submitted to the Hong Kong Stock Exchange on July 18th, 2017, the firm bought 2,780,000 shares on the exchange on July 14th at an average price of HKD 5.574 per share […]
Waverton Southeast Asian Fund: June Update
Waverton Southeast Asian Fund recently published their June 2017 letter, which is available for download from their website. The fund’s investment objective is to generate capital growth by investing in a concentrated portfolio of no more than 30 listed Southeast Asian equities. They look, in particular, for growth companies at a reasonable price. The fund was […]
Lazard Trims 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 July 19th, 2017, the firm sold 496,000 shares on the exchange at an average price of HKD 5.78 per share on July 13th (total consideration was […]
Marathon Raises Stake In Esprit
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 July 17th, 2017, the firm bought 3,708,800 shares on the exchange on July 14th at an average price of HKD 4.2731 per share (the total consideration was ~US$2.03m). Following the purchase, Marathon’s stake in […]
David Webb Adds To Ming Fai
David Webb recently added to his stake in HK-listed company Ming Fai International Holdings (Ming Fai). According to a filing submitted to the Hong Kong Stock Exchange on July 13th, 2017, he purchased 68,667 shares on the exchange at an average price of HKD 1.22 per share on July 10th (total consideration was ~US$10,740). Following the purchase, Webb’s stake in Ming Fai […]
Kennox’s 2Q 2017 Report
Kennox is an Edinburgh-based wholly independent asset manager. They run the Kennox Strategic Value Fund, a long only global equities portfolio. We have previously covered them on this website, primarily in relation to their thesis on Texwinca Holdings (you can find that post here). Their recently published 2Q 2017 report features commentary on a number […]
Aberdeen Increases Stake In BCIA
Aberdeen Asset Management (Aberdeen) recently added to its stake in HK-listed Beijing Capital International Airport (BCIA). According to a filing submitted to the Hong Kong Stock Exchange on July 7th, 2017, the firm bought 2,390,000 shares on the exchange on July 6th at an average price of HKD 11.65 per share (the total consideration was […]