Sunday, June 26, 2022
Martin Hennecke
Linus Yip Sheung-chi
First Shanghai Securities strategist

The company (Shenyin Wanguo (HK) (0218)) definitely has a story to tell for it is now in talks with its parent about further cooperation and client referrals to tap the B- and H-share markets. Its holdings of about 15 percent of Sichuan Expressway (0107) and 2.65 billion Century City (0355) preferential convertible bonds, equal to HK$400 million, also help enhance profit earnings. However, the stock has been overbought due to the QDII news.

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