Two positive news from PetroChina’s 2020 interim result
On 27 August 2020, PetroChina (0857) released its 2020 interim result. Under the severe macroeconomic environment and collapse of oil price, PetroChina ‘s sale for 2020 first half was downed by 22.3% YOY. As a result, PetroChina made a loss…
How the management unlocking the value of Asia’s largest REITs – Link REIT (0823)
Background On 17 June 2020, the management from Link REIT (0823) proposed amendment of the scope of permitted investments under Link’s investment policy. The manager proposed to allow investments in all real estate classes by removing the restriction on investments…
Two Chinese ADRs may be the candidates for privatization
As the tension between US and China escalated, some of the Chinese company have started to react by changing their financing strategy in US. It starts with SINA Corporation (SINA)’s $41 Buyout Proposal and then follow by Sogou Inc. (SOGO)’s…
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