All Fintech China Property Financial Sector Other Coverage Weekly The market may underestimate a potential trade war March 7, 2018 On March 1, 2018, President Trump proposed that the US would impose 25% import tariffs on steel and 10% on aluminum.Although a trade war may end up in a lose-lose situation for China and the US, we are concerned that the stock market may have underestimated such possibility Comment on US market plunge February 6, 2018 De-risking mode on; HK stocks may see good entry point on volatility; The global stock selloff may trigger US and Europe investors to take profit on the liquid HK stock market, given the rally in 2017. On the other hand, southbound inflows through Stock Connect program may come to offset this Canvest Environmental Protection Group – Star on the rise February 21, 2017 Canvest Environmental Protection Group is the largest non-state-owned waste-to-energy (WTE) incineration treatment provider in Guangdong Province, by municipal solid waste (MSW) treatment capacity. It is a star on the rise, with ROE expansion and we Initiate with Buy rating. Wonderful Sky Financial Group - No.1 market leader stepping up the game December 22, 2016 We initiate coverage on?Wonderful Sky (WSFG, 1260.HK)?with Buy rating. We identify it as a growth stock with good defensive value. We see deep valuation discount to its peers with dividend yield at 7.0%, and FY17 PE at 8.6x.