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 […]
Hurun’s “The Chinese Luxury Traveller 2017”
Hurun Report recently published “The Chinese Luxury Traveller 2017” in association with ILTM Asia. The report looks at the trends that are set to come to the fore in the Chinese luxury travel market in the next three years. The analysis was based on the responses of 334 high-end travellers with average annual travel consumption of […]
Mark Mobius: Lessons Of The AFC
Mark Mobius, the executive chairman of Templeton Emerging Markets Group, recently wrote a short blog post reflecting on some of the lessons learnt from the Asian Financial Crisis. Mobius has spent more than 40 years working in emerging markets all over the world. He joined Franklin Templeton in 1987 as president of the Templeton Emerging Markets […]
Readings For The Week (9/7)
This week’s readings include an opinion piece by Robert Shiller, a report on the Southeast Asian palm oil sector, reflections on the 20th anniversary of the Hong Kong handover from Philip Bowring, thoughts on the prospect of a US-China conflict and a look at how Facebook’s growth team got the company to two billion users. […]
Buybacks & Insider Purchases At Symphony
Symphony International Holdings Limited (Symphony) recently announced that the company purchased 4,500,000 ordinary shares at a price of US$0.84 per share for cancellation. The transaction took place on July 3rd, 2017. Following this purchase and cancellation of shares, the company’s issued share capital consists of 507,385,713 ordinary shares. In an earlier transaction, Anil Thadani, the […]
McKinsey: Dance Of The Lions And Dragons
In the past two decades, China has gone from being a relatively small investor in Africa to becoming the continent’s largest economic partner. To better understand the breadth and depth of the economic relationship between Africa and China, McKinsey & Co. recently undertook a detailed study that included on-site interviews with more than 100 senior African business […]
Elliott Raises Stake in Bank Of East Asia
Elliott Management Corporation (Elliott) recently increased their stake in HK-listed Bank of East Asia (BEA). Based on a filing submitted to the Hong Kong Stock Exchange on July 6th, 2017, Elliott bought 237,800 shares on the exchange at an average price of HKD 32.569 per share on July 4th (total consideration was ~US$990,000). As a […]
FSI Adds To Vitasoy, Mengniu Dairy Stakes
First State Investments (FSI) recently added to their stakes in both Vitasoy International Holdings (Vitasoy) and China Mengniu Dairy Company Limited (Mengniu Dairy). According to a filing submitted to the Hong Kong Stock Exchange on June 27th, 2017, FSI bought 218,000 shares of Vitasoy on the exchange at an average price of HKD 16.02 per share […]
Silchester Trims Orient Overseas Stake
Silchester International Investors LLP (Silchester) recently reduced their stake in HK-listed Orient Overseas (International) Limited (Orient Overseas). According to a filing submitted to the Hong Kong Stock Exchange on June 30th, 2017, the firm sold 441,000 shares on the exchange at an average price of HKD 54.094 per share on June 29th (total consideration was ~US$3.06m). […]
Milken Panel Discussion: Forces Shaping Asia
The Milken Institute have made a number of the videos from their 2017 global conference panels available to the public. Although the videos are slightly dated (the conference took place from April 30th-May 3rd), there is still a lot of interesting and relevant content across a wide range of topics. One of the panels was […]