Dividend Investing

Why K. Wah International is a Compelling Value Investment for Dividend-Focused Portfolios

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Executive Summary & Investment Thesis Summary Data: K. Wah International Holdings (KWIH) presents a compelling deep-value opportunity with a significant margin of safety. The market currently values the company at a level only slightly above its liquid, dividend-generating stake in Galaxy Entertainment Group (GEG), effectively ascribing negligible value to its entire high-quality property development and … Read more

Performance Review of Watchlist Stocks Amidst 2025 Market Turmoil

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Introduction On April 15th 2025, amidst the stock market turmoil caused by Trump’s reciprocal tariffs, a curated list of stocks was published that was deemed to be attractively priced at that time. This article provides a brief review of the performance of these stocks, calculating their total returns (inclusive of dividends paid) from April 15th to August … Read more

CNOOC – My Personal Journey Through Volatility and Value

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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

Watchlist Stocks – Upcoming dividends

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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

Dividends Matter More Than Free Cash Flow for Minority Investors

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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

HKSE Watchlist

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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

How to benefit from China’s plan to become a financial superpower?

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Earlier this year, President Xi Jinping outlined the plan to transform China into a “financial superpower” that is based on strong economic principles and different from Western models. In response to this transformation roadmap, the State Council released policy guidelines that promise to promote the high-quality development of China’s capital market by pushing for strong supervision, increased transparency, and … Read more

K.Wah International Holdings (173.HK) – a potentially undervalued real estate company on the Hong Kong Stock Exchange

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Introduction K.Wah International Holdings Ltd. (173.HK) is a potentially undervalued real estate development company on the Hong Kong Stock Exchange. This article will be a record of my personal research notes on K. Wah International, discussing the company background, its financials, the understated asset value on the balance sheet, and the reasons why I find the … Read more

Hang Lung Group vs Hang Lung Properties – which is a better investment?

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Introduction In this article, we will look at two closely related real estate developers listed on the Hong Kong Stock Exchange. The two companies are Hang Lung Group (0001.HK) and Hang Lung Properties (0101.HK). Both companies consistently pay dividends, and they are currently trading at very attractive dividend yields. We shall attempt to compare the financials of the companies … Read more

The reason for the impressive surge in the H-shares of China bank stocks

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On May 10, 2024, the H-shares of the China Banks rose substantially. The four largest state-owned banks in China ended the day with the following closing prices: News reports that the China authorities are considering the the City’s proposals to reduce the 20% dividend withholding tax on stocks purchased through the Southbound Stock Connect account for the impressive gains in the stock … Read more