Friday, March 29, 2024
 
Columnist
Martin Hennecke
 
CH INV FIN GP
HKEx Stock Code : 01226 
 
Corporate Profile
Principally engaged in investing in listed and unlisted companies in Hong Kong and the PRC.

Business Review - For the year ended March 31, 2013

Investment Review

The investment portfolio of the Group mainly comprises of unlisted securities and listed securities in Hong Kong and China during the year. The investment portfolio of the Company is of approximately HK$325.8 million. As a whole, the portfolio was carefully managed and being fully diversified to minimise commercial risk resulting from over concentration of the investment of the Group in any single industry.

Price Risk

The Group is exposed to financial assets price risks as investments held by the Group are classified on the consolidated statement of financial position as financial assets at fair value through profit or loss. To manage its price risk arising from investments in financial assets, the Group diversifies its portfolio. If the financial assets price of the respective investments held by the Group as financial assets at fair value through profit or loss were higher or lower by 5% as at 31 March 2013, the Group's loss for the year would increase or decrease by approximately HK$673,000 (2012: HK$289,000). If the price of the respective investments held by the Group as AFS financial assets were higher or lower by 5% as at 31 March 2013 (2012: 5%), the Group's equity as at 31 March 2013 would increase or decrease by approximately HK$13,874,000 (2012: HK$23,351,000).

Business Outlook - For the year ended March 31, 2013

We expect the global market will continue to face significant challenge. The US and European debt problems have developed to a complicated situation. However, given a strong growth of the PRC, the Company will still take these opportunities to continue to invest in the PRC.

The Directors will continue to take a prudent approach in managing the Group's investment portfolio and develop the investment strategies. Given the present continuous economic improvement in the PRC, the Group will continue to look for investment opportunities which offer outstanding returns under the acceptable risk in the portfolio of the Group.

The Company would consider investing in certain unlisted securities and listed securities with high potential in order to diversify further market risk.

Source: Ch Inv Fin Group (01226) Annual Results Announcement
Chairman XIE Leshan Issued Capital (shares) 582M
Par Value HKD 0.2 Market Capitalisation (HKD) 215M
 
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