20 October, 2025

ACCOUNTING WATCHLIST

Stocks to keep an eye on

Gillem Tulloch
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gillem-tulloch wisetech-global-wtc suzlon-energy celltrion-inc-068760-068270 china-vanke-2202-200002 byd-company-limited-1211 avic-aviation-600862 geely-auto iflytek jiangsu-hengrui-pharma advanced-micro-fabrication-equipment-688012-ch pdd-holdings gds-holdings nidec-corporation-6594-jp zhangzhou-pientzehuang-pharmaceutical ke-holdings hangzhou-tigermed-consulting kuaishou-technology aier-eye-hospital-300015-ch sensetime-group-inc gotion-high-tech naura-tech kalyan-jewellers-india supcon-technology dentsu-group-4324 geovis-technology hybe-co-ltd watchlist proya-cosmetics laopu-gold goldwind-science-technology beijing-roborock-tech cambricon-technologies-688256 godrej-properties hanwha-ocean mazagon-dock-shipbuilders ningbo-deye-tech
Insights
1 December, 2023

NEWSLETTER: EVERGRANDE (3333 HK)

Never profitable

Fredrik Oeqvist
Evergrande’s much delayed and recently published 2021 annual report makes clear that it significantly overstated revenue and earnings – most likely for many years. Contrary to what some people think, Evergrande was not so much a victim of tightened liquidity or a COVID-induced property market downturn; its problems were far more fundamental – there were never any profits....
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18 August, 2020

NEWSLETTER: COMING HOME?

Watch out for the privatisation “squeeze out”

Gillem Tulloch
The proposed Holding Foreign Companies Accountable Act could force hundreds of Chinese companies listed on US exchanges to delist over the next few years. For many large companies, seeking a secondary listing in Hong Kong or the mainland is a sensible insurance policy. However, investors should be wary of companies which decide to privatise and then relist. Our analysis of...
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