reports
- Johnny Yum Chung Man
- Kate Luang
- Kelvin Chau Siu Pong
Greater China Small-Mid Cap Biweekly: Gold prices denominated in CNY t...
KEY CALLS Chinese Gold Stocks Gold prices (XAUUSD) have risen 8.3% ytd while gold prices denominated in CNY (XAUCNY) have climbed even higher to 13.7% and topped out at a year-high of 14,235. One of the key drivers behind the gold price rally was China raising its gold reserves in the past few months. China’s gold reserves have risen for eight consecutive months and topped records at 67.95m ounces/2,113.5 tonnes from 62.64m ounces in Nov 22...... UPDATES Crystal International (2232 HK/NOT R...
- Johnny Yum Chung Man
- Kate Luang
- Kelvin Chau Siu Pong
Greater China Small-mid Cap Biweekly: Monday, July 24, 2023
Key Calls Chinese Gold Stocks Gold prices (XAUUSD) have risen 8.3% ytd while gold prices denominated in CNY (XAUCNY) have climbed even higher to 13.7% and topped out at a year-high of 14,235. One of the key drivers behind the gold price rally was China raising its gold reserves in the past few months. China’s gold reserves have risen for eight consecutive months and topped records at 67.95m ounces/2,113.5 tonnes from 62.64m ounces in Nov 22. Domestic gold jewellery consumption has reache...
- Ethan Aw
Chongqing Hongjiu Fruit Pre-IPO
Chongqing Hongjiu Fruit (CHJF) is looking to raise up to US$100m in its upcoming Hong Kong IPO. Chongqing Hongjiu Fruit is a multi-brand fresh fruit distributor in China with an end-to-end supply chain. It focuses on managing the entire supply chain for quality fruits primarily grown in China, Thailand and Vietnam. It has established a comprehensive product portfolio covering 49 fruit categories, among which durian, mangosteen, longan, dragon fruit, cherry and grapes are its core products. As...
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