Bigboy2000

Sell on any rally (buy back) otherwise seek to exit this stock

HKEX:6877   KVB KUNLUN FG
Economic conditions in China likely to get tighter, particularity around capital controls which affects margin account funding. With tighter market conditions, it is likely that KVB will seek to be in cost cutting mood and unlikely to implement growth strategies which require additional investment and perhaps longer payback periods. Unless there are share buy backs, or events surface to re-evaluate, this stock is a sell, however, due to current price levels - it cannot be shorted.
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