Journey of a Novice Investor…
1. Executive Summary 1.1 The Investment Thesis: A Bifurcated Growth Engine Ticker: 0799.HK Reference Price: HK$ 3.79 (25 November 2025) Market Capitalization: HK$ 4.349 Billion (25 November 2025) IGG Inc (“IGG” or “the Group”) presents a compelling investment opportunity characterized by a rare convergence of deep value, substantial dividend yield, and a credible, data-supported turnaround … Read more
1. Executive Summary The Strategic Pivot: From Localized Tradition to Modern Casual Ticker: 2660.HK Reference Price: HK$ 2.30 (25 November 2025) Market Capitalization: HK$ 2.379 billion (25 November 2025) Zengame Technology Holding Limited (“Zengame” or the “Group”) is currently navigating one of the most consequential strategic transitions in its corporate history. Established as a dominant … Read more
1. Executive Summary & Investment Thesis Link Real Estate Investment Trust (“Link REIT” or “The Group”) stands at a pivotal juncture in its twenty-year history. As Asia’s largest Real Estate Investment Trust by market capitalization, Link serves as a primary bellwether for the Hong Kong commercial property sector and, by extension, the broader health of … Read more
1. Executive Summary & Key Metrics Far East Horizon Limited (“FE Horizon” or “the Company”) represents an attractive, albeit complex, investment opportunity. It is a hybrid “Finance + Industry” conglomerate, not a pure-play financial leasing firm. The market, however, appears to be valuing it as a distressed, high-risk, low-growth Chinese financial institution, as evidenced by … Read more
Note: Yadea Group Holdings Ltd. reports in Renminbi (RMB). Financial figures are converted to Hong Kong Dollars (HK$) for valuation purposes using an estimated exchange rate of 1.10 HKD/RMB where applicable. 1. Executive Summary & Key Metrics Yadea Group Holdings Ltd. (1585.HK) is the world’s largest electric two-wheeled vehincle (e-two-wheeler) manufacturer. The company hit a … Read more
Executive Summary & Key Metrics China Feihe Limited (6186.HK) is the undisputed market leader in China’s Infant Milk Formula (IMF) industry. The company finds itself at a critical inflection point. After delivering solid financial results in FY2024, with revenue growing 6.2% and net profit attributable to owners rising 5.3% , the company reported a severe … Read more
Executive Summary Best Pacific International Holdings Limited (“Best Pacific” or “the Company”), trading under the stock code 2111.HK, is a leading vertically integrated manufacturer of high-performance elastic fabrics, webbing, and lace. The Company operates a “one-stop solution” model, serving as a critical supply chain partner to premier global brands in the high-growth sportswear, athleisure, and … Read more
1. Executive Summary ManpowerGroup Greater China Limited (2180.HK) is a premier provider of workforce solutions and human resources (HR) services in the Greater China region. As the regional arm of global industry leader ManpowerGroup Inc. (MAN), the company leverages a powerful brand and extensive operational network to capitalize on the structural shift towards flexible staffing. … Read more
Summary Data: Overview of Sunlight REIT: A Pure-Play on Hong Kong’s Challenged Commercial Market Sponsor, Management Structure, and Investment Mandate Sunlight Real Estate Investment Trust (Sunlight REIT) is a Hong Kong-authorized collective investment scheme, structured as a unit trust governed by Hong Kong law. This structure, with HSBC Institutional Trust Services (Asia) Limited serving as the … Read more
August 27, 2025 Touzibozhu Hong Kong REITs Real Estate Investment Trusts SF REIT Stock Valuation Summary Data: 1. REIT Overview and Portfolio Analysis SF Real Estate Investment Trust (“SF REIT” or “the REIT”) is the first logistics-focused REIT listed on the Hong Kong Stock Exchange, offering investors a unique, albeit concentrated, exposure to the Greater China logistics sector. Its … Read more