gillem-tulloch
asia
biostime-international-holdings-ltd--health-and-happiness-international-holdings-ltd-1112-hk
51job-jobs-us
kuangchi-science-ltd-0439-hk
fake-cash-flow
smc-corporation-6273-jp
china-shengmu-organic-milk-ltd-1432-hk
sino-biopharmaceutical-ltd-1177-hk
imperial-pacific-international-holdings-ltd-1076-hk
luye-pharma-group-ltd-2186-hk
huabao-international-holdings-ltd-0336-hk
silicon-motion-technology-corp-simo-us
changyou-dot-com-ltd-cyou-us
bep
new-provenance-everlasting-holdings-ltd-2326-hk
nihon-parkerizing-co-ltd-4095-jp
dr-lal-pathlabs-ltd-dlpl-in
tarena-international-inc-tedu-us
wipro-ltd-wpro-in
a2-milk-atm-nz-a2m-au
united-energy-group-ltd-0467-hk
yirendai-ltd-yiren-digital-ltd-yrd-us
upl-ltd-upll-in
gemdale-properties-and-investment-corporation-ltd-0535-hk
mitsubishi-pencil-co-ltd-7976-jp
china-lesso-group-holdings-2128-hk
balkrishna-industries-bil-in
pilot-corporation-7846-jp
kulicke-and-soffa-industries-inc-klic-us
ramkhamhaeng-hospital-pcl-ram-tb
dongjiang-environment-co-ltd-0895-hk
oceanagold-corp-ogc-cn
tube-investments-of-india-ltd-tiindia-in
china-goldjoy-group-glory-sun-financial-group-ltd-renze-harvest-international-ltd-1282-hk
china-oceanwide-holdings-0715-hk
sk-kaken-co-ltd-4628-jp
sinopec-kantons-holdings-ltd-0934-hk
Insights
19 May, 2026
NEWSLETTER: GDS HOLDINGS
Do Data Centres Earn Their Keep?

Mark Webb
GDS Holdings is a reminder that an appealing industry can struggle to generate an appealing return. Data centres are one of the market’s favourite infrastructure themes: cloud demand, artificial intelligence, digitalisation, outsourcing, and the endless growth in data consumption all point in the same direction. On paper, that sounds like a very attractive place to be. The question, though, is...
Read More
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....
Read More
