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2021 Week 22

2021 Week 22

LHN, Keong Hong, Testing Positions

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OngWeeHiang
Jun 07, 2021
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2021 Week 22
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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 …

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