23 March, 2018
ACCOUNTING RISK
Assessing the top 100 companies in Asia ex-Japan

Gillem Tulloch
nigel-stevenson
gillem-tulloch
mark-webb
asia
cp-all-pcl-cpall-tb
larsen-and-toubro-ltd-lt-in
china-vanke-co-ltd-2202-hk-200002-ch
byd-company-limited-1211-hk-002594-ch
reliance-industries-ltd-ril-in-reliance-in
trip-dot-com-group-ltd-ctrp-us-tcom-us-9961-hk
baidu-bidu-us-9888-hk
power-assets-holdings-ltd-0006-hk
astra-int-tbk-asii-ij
tata-motors-ltd-ttmt-in--tata-motors-passenger-vehicles-ltd-tmpv-in
newcrest-mining-ltd-ncm-au
jd-com-inc-jd-us-9618-hk
sinopharm-group-co-ltd-1099-hk
infosys-ltd-info-in
china-molybdenum-co-ltd-3993-hk
amcor-amc-au
china-overseas-land-and-investment-ltd-0688-hk
country-garden-holdings-co-ltd-2007-hk
alibaba-group-holding-baba-us-9988-hk
tencent-holdings-ltd-700-hk
aac-technologies-holdings-inc-2018-hk
ck-hutchison-holdings-ltd-0001-hk
singapore-telecommunications-ltd-st-sp
zijin-mining-group-co-ltd-2899-hk-601899-ch
gree-electric-appliances-inc-of-zhuhai-000651-ch
tal-education-group-tal-us
amorepacific-corp-090430-ks
anhui-conch-cement-0914-hk-600585-ch
asian-paints-apnt-in
atlassian-corp-team-us
bhp-billiton-bhp-ln
brambles-ltd-bxb-au
brilliance-china-automotive-holdings-ltd-1114-hk
china-mengniu-dairy-co-ltd-2319-hk
china-mobile-ltd-0941-hk-600941-ch
china-railway-construction-corp-1186-hk-601186-ch
china-railway-group-ltd-0390-hk-601390-ch
china-shenhua-energy-co-ltd-1088-hk
china-telecom-corp-ltd-0728-hk
chunghwa-telecom-co-ltd-2412-tt
ck-asset-holdings-ltd-1113-hk
clp-holdings-ltd-0002-hk
cnooc-ltd-0883-hk
csl-ltd-csl-au
cspc-pharmaceutical-group-ltd-1093-hk
dongfeng-motor-group-co-ltd-0489-hk
galaxy-entertainment-group-ltd-0027-hk
goodman-group-gmg-au
great-wall-motor-co-ltd-2333-hk
guangzhou-automobile-group-co-ltd-2238-hk-601238-ch
hcl-technologies-ltd-hclt-in
hindustan-unilever-ltd-huvr-in
hon-hai-precision-industry-co-ltd-2317-tt
huaneng-power-international-inc-0902-hk
hyundai-mobis-co-ltd-012330-ks
hyundai-motor-company-005380-ks
inner-mongolia-yili-industrial-group-co-ltd-600887-ch
itc-ltd-itc-in
jardine-matheson-holdings-ltd-jm-sp-jar-ln
jiangsu-hengrui-pharmaceuticals-co-ltd-1276-hk-600276-ch
kt-and-g-corporation-033780-ks
largan-precision-co-ltd-3008-tt
lg-chem-ltd-051910-ks
link-real-estate-investment-trust-0823-hk
mahindra-and-mahindra-ltd-mm-in
maruti-suzuki-india-ltd-msil-in
kweichow-moutai-co-ltd-600519-ch
mediatek-inc-2454-tt
melco-resorts-and-entertainment-ltd-mlco-us
midea-group-co-ltd-000333-ch-300-hk
naver-corporation-035420-ks
netease-inc-ntes-us-9999-hk
new-oriental-education-and-technology-group-edu-us
petrochina-co-ltd-0857-hk
posco-holdings-inc-005490-ks
ptt-pcl-ptt-tb
samsung-electronics-co-ltd-005930-ks
sands-china-ltd-1928-hk
scentre-group-scg-au
sinopec-corp-0386-hk
sk-hynix-inc-000660-ks
sk-telecom-co-ltd-017670-ks
south32-ltd-s32-au
sun-hung-kai-properties-ltd-0016-hk
sydney-airport-syd-au
tsmc-taiwan-semiconductor-manufacturing-co-ltd-2330-tt
tata-consultancy-services-ltd-tcs-in
techtronic-industries-co-ltd-669-hk
telekomunikasi-indonesia-persero-tbk-pt-tlkm-ij
weibo-corporation-wb-us
transurban-group-tcl-au
wesfarmers-ltd-wes-au
westfield-corporation-wfd-au
wh-group-ltd-0288-hk
woodside-petroleum-ltd-wpl-au
woolworths-group-ltd-wow-au
wuliangye-yibin-co-ltd-000858-ch
yum-china-holdings-inc-yumc-us-9987-hk
hangzhou-hikvision-digital-technology-co-ltd-002415-ch
china-communications-construction-co-ltd-1800-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...
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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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