Journey of a Novice Investor…
touzibozhuA Case Study in Valuation, Mean Reversion, and Patient Investing On October 3, 2022, the Hang Seng Index (HSI) closed at 17,079.51, weighed down by extreme pessimism, regulatory uncertainties, and economic headwinds in mainland China and Hong Kong. In the article I published at that time – What is the expected rate of return of Hang … Read more
In a prior post, HKSE Watchlist, I listed Best Mart 360, as a stock of interest. In this article, I discuss the company in more detail and layout the many reasons why Best Mart 360 is a compelling candidate for addition to a dividend portfolio focused on the HKSE. Introduction to Best Mart 360 For investors on … Read more
Introduction Geopolitical developments often have a profound impact on commodity markets, and the recent escalation in the Israel-Iran conflict has once again brought this reality to the forefront. The direct military confrontation between both nations has triggered a steep spike in oil prices, reflecting the significant geopolitical risk premium demanded by investors. The probability of … Read more
Introduction: The Case for Dividend Investing in Hong Kong’s Real Estate Sector Hong Kong’s real estate market, long a cornerstone of wealth creation, has faced unprecedented challenges since 2019. Social unrest, prolonged pandemic lockdowns, and aggressive interest rate hikes have battered property developers and Real Estate Investment Trusts (REITs) listed on the Hong Kong Stock … Read more
This post is a personal reminder of some of the upcoming dividends for the stocks that are on the updated watchlist. Investors buying these stocks before the ex-dates will be eligible for the dividend payouts. Stock Ticker Currency Dividend Ex-Date Petrochina 857 RMB 0.25 17/6/2025 HKT-SS 6823 HK$ 0.4588 19/5/2025 Henderson Land 12 HK$ 1.30 5/6/2025 … Read more
Introduction Recently a friend posed a question as to why I choose to use dividend investing as the foundation for building my retirement portfolio. To him, and many others, this goes against the conventional wisdom of using Free Cash Flow (FCF) as the primary metric for stock valuation. This article is my amateurish attempt to … Read more
Introduction to Southbound Stock Connect The Southbound Stock Connect program is a pivotal component of the mutual market access framework established between the Hong Kong Stock Exchange (HKSE) and mainland Chinese exchanges, specifically the Shanghai and Shenzhen Stock Exchanges. Initiated on November 17, 2014, as part of the Shanghai-Hong Kong Stock Connect, and later expanded with … Read more
I have updated the stocks on my watchlist based on the two tables below. The first one consists of more mature stocks that have consistent history of dividend payouts. The second list contains growth stocks that are priced reasonably. As a bonus these growth stocks also pay dividends. The target buy price is derived from … Read more
Pax Global (00327.HK) recently announced its results for financial year ending 31st December 2024. In this blog post I am sharing a brief review of the company and its financial performance based on the results announcement. Note that the discussion below references a stock price of 4.89HK$ per share that translates into a market cap of 5.192 … Read more
March 5, 2025 Touzibozhu Watchlist The table below is a list of stocks that are on my watchlist. The target buy price is derived from the expected dividend and the desired yield for the individual companies. I will be looking to buy when the stock prices reach the target price or fall below it. Stock Ticker … Read more