Nanyang Holdings Limited- SEHK 0212

[Optimistic]

mkt cap- 1330m hkd
current share price- 39.2 hkd
NAV- 156 HKD
P/B= 0.25

• owns 177m shares of Shanghai Commercial & Savings Bank (SCSB) valued at hkd 2283m
  
• received hkd 65m in dividends from its 3.95% stake in SCSB
  
• SCSB owns 57.6% stake in Shanghai Commercial Bank
  

Wells Fargo considering sale of its 20% stake in Shanghai Commercial Bank.



Wells Fargo & Co. is considering a sale of its 20% stake in Hong Kong-based Shanghai Commercial Bank Ltd. as part of its turnaround planWells Fargo Weighs $1 Billion Hong Kong Bank Stake Sale, Bloomberg ReportsWells Fargo Weighs $1 Billion Hong Kong Bank Stake Sale, Bloomberg Reports

[Optimistic]

SCSB owns 99.99% of AMK MFI- a microfinance firm based in Cambodia.

AMK 2021 NP went up ~30% to USD 10m compared to 2020

https://www.amkcambodia.com/en/performance-highlight/

Cambodia first free trade agreement with China came into effect on 1 Jan 2022.

[Optimistic]

Wuxi to welcome its first Taiwan-based bank
http://jiangsu.chinadaily.com.cn/wuxi/20...446631.htm

In January 2021, SCSB received its licence to start its wealth management business for ultra high net worth clients

[Optimistic]

Cambodia's Next-Generation Mobile Payments And Banking

https://bakong.nbc.org.kh/en/

[Optimistic]

西環上商大廈 獲批拆卸重建

https://ps.hket.com/article/1981213

Proposed residential and commercial development at Nos. 33-47 Catchick Street, Kennedy Town, Hong Kong

The target completion date for the redevelopment project at Catchick Street in West Point, Hong Kong will be in the second
half of 2022 and the sale of the residential portion on strata-titled basis will kick off in the second half of 2021.
https://www.shacombank.com.hk/eng/about/...nterim.pdf

[COTDS]

Great company, worth looking out for. however volume is extremely low. (can be gd and bad).
Dont get trap, DYODD