We start to hold 0489 東風集團股份

We have bought into our portfolio at HKD 11.140 today.  We like it as it’s valuation relatively low compare to others in China.  The growth potential is encouraging given the market is huge.  Enhance relationship between China and Japan may also given some lights to it.  We call for a buy at this level and mid term target min HKD 15.00

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