Shanghai-Hong Kong Stock Connect will definitely benefits EMPEROR CAPITAL. We believe it is in value now with the stock itself already trading below NTA and low earning ratio.
We also bought in EMPEROR INT’L as its also trading below NTA with high yield. It continues to expand its development by acquiring more assets to enhance group fix recurring income.
Same to LAI SUN DEV with its recent won of tender for Ocean Park hotel project and latest announcement to acquire a London base asset. We believe this will further boost recurring income base and we also added more into our portfolio.
However, all these three stocks are long term hold and buy. We do not know the timing but with our experience in these stocks will typically require holding period more than 12 to 24 months.