21 March, 2023
CHINA’S TOP 30 A-SHARES
Assessing the Accounting Risk

Gillem Tulloch
wisetech-global
qinghai-salt
haier-electronics
gree-electric
inner-mongolia-yili
jiangsu-hengrui-medicine
kweichow-moutai
midea-group
wuliangye-yibin
shenzhen-inovance-technology
hangzhou-hikvision-digital
tongwei
longi-green-energy-tech
luxshare-precision-ind
shenzhen-mindray-bio-medical-electronics
wanhua-chemic
contemporary-amperex-tech
ganfeng-lithium
sf-holding
china-tourism-group-duty-free-corp
aier-eye-hospital
eve-energy
muyuan-food
sungrow-power
boe-tech
shanxi-xinghua
wens-foods
china-yangtze-power
wuxi-apptec
chongqing-changan-auto
luzhou-laojiao
Insights
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...
Read More
12 August, 2020
NEWSLETTER: TECHNOLOGY ONE
Growth illusion

Nigel Stevenson
Technology One’s growth in the last couple of years appears to be an illusion. It has used various accounting tricks to pull forward revenue and profits, artificially creating growth and hiding a major slowdown. New rules on revenue recognition in FY19 have left a big hole in TNE’s profits, which it filled by starting to capitalise development costs, having previously...
Read More