2021 Week 22

LHN, Keong Hong, Testing Positions

Trading Reflection:

For this week, we had sold off Keong Hong and LHN.

LHN was purchased under the statistical strategy after LHN released a series of public articles which explained their capital allocation policy. Since the HKEX price is trading at a significant discount to the SGX price, the decision is to buy the lower price HKEX stock instead. With …