China Merchants Holdings Pacific

[Jack31]

Somehow i have a feeling this isn't the end of the acquisition spree, looking at their cash holding and small amount of cash to acquire jiurui, they definitely can leverage up more for even more acquisition. Just my opinion and food for thoughts hope

Active M&A in the near future, with an indicative target of RMB 30 billion net asset, is a well-disclosed strategy of the management. The latest current net asset is slightly more than RMB 6 billion.

(vested)

Think Much will depend on how huajian is gonna inject the assets into cmp. Looking at their strict criteria of yield accretive acquisition, it will be difficult for them to acquire full"external" assets from unrelated parties. There are so much other bigger toll road company in hk and china that are willing to depress their margin to get these toll road cashcow in my opinion.