Daily Ideas·Bullish·0388.HK·2024年4月11日

Polen Capital Emerging Markets Growth New Portfolio Holding: Hong Kong Exchanges and Clearing Limited

Polen Capital Emerging Markets Growth
YellowBrick

HKEX: Hong Kong exchange monopoly tapping Western & Chinese capital pools. Low capex, high cash gen biz to benefit as Chinese markets grow from 1.5x to 3-4x GDP (US/Japan >5x). High quality growth at attractive price amid weak China sentiment.

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