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China Everbright Int (257 HK) – Positive profit warning – robust LGFVs?
“…The significant increase in recurring profit of the Group is principally attributable to the increase in construction service revenue, recognition of construction cost saving as well as the rise in...
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CHINA – Data implies hard landing unlikely. BUY CHINESE COAL exposure
We have been advising clients to BUY the recent Chinese stock market weakness (unfortunately since before the June correction), but our reasoning remained that the market was not reflecting the...
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