Stock price when the opinion was issued
A great company, but it hasn’t really done a whole lot since 2004. The only really bright spot is that they paid a substantial special dividend in 2013. Because Hong Kong realty rules are such that any export earnings outside of Hong Kong can be effectively repatriated tax-free, a lot of companies are housed there that have operations outside of Hong Kong. Doesn’t think the growth is actually showing up in the numbers.
Trades on the Hong Kong exchange. Like Taiwan, the Hong Kong market is very wealthy and is obviously benefiting from the money flushing over the border from China. This is a good company but his preferred company in Hong Kong is MTR (66-HK on the Hong Kong exchange). (See Top Picks.)