Market Discoverer

Investment Idea for US and Hong Kong Market

Month: July 2020

What are the implications for PetroChina(0857) selling its pipeline business?

Background On 27 July 2020, PetroChina (0857) announced a transaction agreement with PipeChina for selling its pipeline business and assets. The appraised value of the target assets are approximately RMB268.7 billion. RMB149.5 billion will be satisfied through equity interest in…

Why this is the best time for investing Cathay Pacific (0293.HK)

As covid-19 cases soar in Hong Kong, the stock price of Cathay Pacific is under great pressure and reach 52-weeks low. It’s recovery plan is still under great uncertainty. However, it may be the best time for investing Cathay Pacific…