However, Sichuan Baicha Baidao Industrial (HKG: 2555) aka Chabaidao just had an IPO and apparently it was a dud and there are yet more bubble tea IPOs in the pipeline... Mixue has outlets here in Kuala Lumpur - reasonably priced too but have not tried anything yet... They always seem to have new things advertised...
For Tanjin developments why is mean reversion a thesis? Is there a catalyst for it to mean revert? Like I feel like "mean reversion" as a thesis could apply to any number of Chinese stocks.
I included your write-up in my Emerging Market Links + The Week Ahead (April 29, 2024) for today: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-april-29-2024
However, Sichuan Baicha Baidao Industrial (HKG: 2555) aka Chabaidao just had an IPO and apparently it was a dud and there are yet more bubble tea IPOs in the pipeline... Mixue has outlets here in Kuala Lumpur - reasonably priced too but have not tried anything yet... They always seem to have new things advertised...
For Tanjin developments why is mean reversion a thesis? Is there a catalyst for it to mean revert? Like I feel like "mean reversion" as a thesis could apply to any number of Chinese stocks.
Another 1 on my bingo card
I like the write-up, but honestly struggle with HK stocks without shareholder return. Guess the capital allocation plan is just growth for now, right?
Thanks , will do.
I am tied between 315 and 1310 , the later seems to have the optionality for a takeover any thoughts ?