Via The Value Edge
As per continuation from the previous article (here), I have decided to post my findings with regards to the Hong Kong market. The methodology used was exactly the same as the last – past 10-year financial data and only companies trading within the top 20 percentile that exhibits all the qualities are shown.
Once again, it is crucial to note that this is only part of a screening process. This rigorous screening process of using past 10-years of financial data is most likely sufficient in eliminating most risky fraudulent H-shares. That said due diligence is still required for each company to determine if the current market price has sufficient margin of safety.
Has including ESG become a necessity for investors?
ESG (environmental, social, governance) has become a hot topic in recent years, especially lately with the debate over whether pension funds should be able to factor in ESG when choosing investments. At Morningstar's recent conference, the firm argued that ESG has become a requirement for long-term investors. Q2 2020 hedge fund letters, conferences and more Read More