LTH has steadily been increasing its stake in Hua-An, whose principal business is the production and soale of metal-lurgical coke and its by products, which are used to make steel. Its business operations are entirely carried out in China.
Its stake now stood at 5.54%.
With Huaan representing a good proxy to China’s growth story, in addition to the stock’s undemanding valuations, LTH’s accumulation of its shares could yield promising returns. Only time will tell whether LTH fund will continue to be a substantial shareholder over the long term.
Related:-
Sino Hua-An ... May 09
HuaAn .. July 2008
Scan 14 Nov 2024
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Symbol TypeDateClose PriceVolume13 Day RSI
ABMB Overbought 11/14/2024 4.94 2769000 73.37
KEINHIN Overbought 11/14/2024 1.44 900 70.81
RANHILL Overbought 11/...
12 hours ago
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