This isn't a chart of an inverse ETF. It's the chart of the Hong Kong Growth Enterprise Market Index (S&P/HKEX GEM) over 20 years. A complete and utter failure of a market meant to foster small company listings in the hopes of eventually migrating to the Main Board. ImageThere were some success stories, like ENN Energy $ENN ENERGY(02688)$ , Kingdee International $Kingdee International Software Group Co., Ltd(KGDEF)$ , Sino Biopharm $SINO BIOPHARM(01177)$ , and C&D International $CD International Enterprises, Inc.(CDIIQ)$ . They went on to deliver 10X++ returns. But for the most part, it makes no sense to inve
CIMB: ENN Energy Holdings Ltd (2688) – Technical Buy The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. https://alphaedgeinvesting.com/2023/07/11/cimb-enn-energy-holdings-ltd-2688-technical-buy/ $ENN ENERGY(02688)$
⬆ $ENN Energy(02688)$ - In 2022, ENN Energy recorded revenue of RMB110.051bn, increased by 18.2 %YoY. Its core profit went up by 11.3% YoY to RMB7.96bn. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/enn-energy-2688-hk-emerging-from-the-downturn?utm_source=tiger_community By CMB International, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cmb-international?utm_source=tiger_community On ENN Energy (02688):- https://www.smartkarma.com/entities/enn-energy-holdings-ltd?utm_source=tiger_community
ENN Energy Holdings Ltd is an investment holding company primarily engaged in the sales and distribution of piped gas, liquefied natural gas (LNG) and other multi-energy products. The Company operates its business through five segments. The Retail Gas Sales Business segment engages in the sale of natural gas to customers through pipelines as well as the operation of vehicle gas refueling stations. The Integrated Energy Business segment engages in the supply of various energy products, such as gas, electricity, colling, heating and steam. The Wholesale of Gas segment engages in the supply of LNG to wholesale customers. The Construction and Installation segment engages in the provision of construction and installation services. The Value Added Business segment engages in the provision of value added services, including kitchen solutions, heating systems, security systems and other services. The Company conducts its business in the domestic and overseas markets.
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Acquisition
Disclosure of Dealings under Rule 22 of the Takeovers Code