DOCSLIB.ORG

Victory Fund Holdings Victory Vif Sophus

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Victory Fund Holdings Victory Vif Sophus VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY VIF SOPHUS EMERGING MARKETS MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % ALIBABA GROUP HOLDING LTD ADR 1,972,532.44 4.25% BAIDU, INC. ADR 501,186.20 1.08% CEMEX DA - ADR 425,787.60 0.92% BANCO DE CREDITO E INVERSIONES 42.24 0.00% BANCO DE CHILE 222,461.14 0.48% CONTROLADORA VUELA CIA-ADR 252,035.20 0.54% VALE SA 519,202.93 1.12% GRUPO FINANCIERO BANORTE SAB DE CV 53,844.63 0.12% ALSEA SAB DE CV 191,300.90 0.41% PETROBRAS DISTRIBUIDORA SA 280,040.22 0.60% HDFC BANK, LTD. ADR 295,770.40 0.64% INFOSYS TECHNOLOGIES ADR 917,463.43 1.98% JD.COM INC 462,259.52 1.00% MYTILINEOS HOLDINGS SA 231,598.89 0.50% ASM PACIFIC TECHNOLOGY LIMITED 289,896.61 0.63% WALSIN TECHNOLOGY CORP 358,898.56 0.77% HINDUSTAN PETROLEUM CORP LTD 420,901.59 0.91% LIC HOUSING FINANCE LTD 347,677.95 0.75% TATA STEEL LTD 279,822.18 0.60% NMDC LTD 371,024.87 0.80% DB INSURANCE CO LTD 248,435.54 0.54% CJ CORP 218,169.43 0.47% CHINA AIRLINES LTD 237,394.11 0.51% NANYA TECHNOLOGY CORP 437,286.77 0.94% LG UPLUS CORP 400,318.87 0.86% INBODY CO LTD 147,250.34 0.32% EVERGREEN MARINE CORP TAIWAN LTD 550,999.17 1.19% FORMOSA PLASTICS CORP 266,092.71 0.57% FOSCHINI GROUP LTD/THE 78,224.61 0.17% SIAM COMMERCIAL BANK P-NVDR 302,348.74 0.65% MEDIATEK INC 586,318.72 1.26% SAMSUNG SECURITIES CO LTD 272,600.80 0.59% DR. REDDY'S LABORATORIES LIMITED 276,405.40 0.60% NETEASE INC ADR 609,903.00 1.32% PTT PCL 328,169.46 0.71% YUANTA FINANCIAL HOLDING CO LTD 444,938.83 0.96% HON HAI PRECISION INDUSTRY CO LTD 333,275.48 0.72% CAPITEC BANK HOLDINGS LTD 292,846.60 0.63% SK HYNIX INC 756,433.51 1.63% HYUNDAI ENGINEERING & CONSTRUCTION CO LTD 365,468.38 0.79% CHINA GAS HOLDINGS LTD 134,040.57 0.29% Page 1 of 4 VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY VIF SOPHUS EMERGING MARKETS MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % CJ LOGISTICS CORPORATION 204,176.76 0.44% BOC HONG KONG HOLDINGS LTD 362,665.68 0.78% LG CORP 277,525.63 0.60% NAVER CORP 508,060.76 1.10% CHINA OILFIELD SERVICES LTD 236,509.39 0.51% MTN GROUP LTD 475,945.82 1.03% DIVI'S LABORATORIES LTD 271,347.89 0.59% AP THAILAND PCL - NVDR 241,947.58 0.52% BANK NEGARA INDONESIA PERSER 196,970.02 0.42% SAMSUNG ELECTRONICS CO LTD 2,250,539.00 4.85% HANWHA TECHWIN CO LTD 317,690.44 0.69% ROSNEFT PJSC 260,413.15 0.56% TAIWAN SEMICONDUCTOR MANUFACTU 2,762,694.41 5.96% SEA LTD-ADR 249,886.00 0.54% TERNIUM SA 385,984.56 0.83% RANDON PARTICIPACOES SA-PREF 212,287.06 0.46% PUBLIC BANK BERHAD 223,745.07 0.48% PING AN INSURANCE GROUP CO OF CHINA LTD 366,586.88 0.79% PACIFIC BASIN SHIPPING LTD 254,634.35 0.55% ANADOLU EFES BIRACILIK VE MALT SANAYII AS 169,515.70 0.37% LOGO YAZILIM SANAYI VE TICAR 159,506.64 0.34% TURK SISE VE CAM 197,403.97 0.43% YATAS YATAK VE YORGAN SANAYI VE TICARET AS 0.74 0.00% COSCO SHIPPING HOLDINGS CO LTD 447,303.21 0.96% HANA FINANCIAL GROUP INC 397,367.68 0.86% CHINA MERCHANTS BANK CO LTD 741,101.88 1.60% IMPALA PLATINUM HOLDINGS LTD 392,890.94 0.85% CHINA MOLYBDENUM CO LTD 263,104.98 0.57% ANGLO AMERICAN PLC 421,441.03 0.91% SLC AGRICOLA SA 242,503.82 0.52% DURATEX SA 236,889.73 0.51% TURK TELEKOMUNIKASYON AS 213,735.34 0.46% CHINA HONGQIAO GROUP LTD 324,992.69 0.70% CHINA LONGYUAN POWER GROUP CORP LTD 241,045.82 0.52% AIRTAC INTERNATIONAL GROUP 308,187.20 0.66% ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO 325,537.91 0.70% PAREX RESOURCES INC 222,315.39 0.48% GOURMET MASTER CO LTD 189,669.45 0.41% SBERBANK OF RUSSIA ADR 587,759.80 1.27% TOPKEY CORP 50,700.55 0.11% CHINA YONGDA AUTOMOBILES SERVICES HOLDINGS LTD 245,196.95 0.53% Page 2 of 4 VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY VIF SOPHUS EMERGING MARKETS MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % CORP INMOBILIARIA VESTA SAB DE 244,991.96 0.53% CHINASOFT INTERNATIONAL LTD 534,762.95 1.15% WUS PRINTED CIRCUIT KUNSHAN CO LTD 270,916.39 0.58% BY-HEALTH CO LTD 209,137.09 0.45% LUXSHARE PRECISION INDUSTRY CO LTD 261,874.86 0.56% WULIANGYE YIBIN CO LTD-A 317,547.61 0.68% POSTAL SAVINGS BANK OF CHINA CO LTD 391,401.17 0.84% NEPI ROCKCASTLE PLC 7.09 0.00% NEOENERGIA SA 182,669.31 0.39% DALMIA BHARAT LTD 167,645.91 0.36% FEDERAL BANK LTD 309,724.11 0.67% ABSA GROUP LTD 282,409.25 0.61% NATIONAL BANK OF GREECE SA 212,447.71 0.46% XIAOMI CORP 291,456.72 0.63% REGIONAL SAB DE CV 99,981.35 0.22% B3 SA- BRASIL BOLSA BALCAO 433,250.62 0.93% WOORI FINANCIAL GROUP INC 419,038.77 0.90% MEITUAN 561,030.29 1.21% KLABIN SA-UNIT 238,867.13 0.52% CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY 326,290.34 0.70% CHINA FEIHE LTD 241,480.81 0.52% PHARMARON BEIJING CO LTD-H 298,219.77 0.64% JS GLOBAL LIFESTYLE CO LTD 229,453.32 0.49% WUXI BIOLOGICS CAYMAN INC 538,244.93 1.16% JIUMAOJIU INTERNATIONAL HOLD 269,768.70 0.58% LOJAS QUERO QUERO S/A 177,357.64 0.38% SIMPAR SA 258,270.86 0.56% SHIMAO SERVICES HOLDINGS LTD 349,956.12 0.75% TENCENT HOLDINGS LTD 2,788,153.47 6.01% HYGEIA HEALTHCARE HOLDINGS CO LTD 354,470.32 0.76% MR DIY GROUP M BHD 220,392.21 0.48% TIM SA 211,336.19 0.46% WANHUA CHEMICAL GROUP CO-A 363,525.05 0.78% YONYOU NETWORK TECHNOLOGY CO LTD 222,141.91 0.48% SAUDI NATIONAL BANK 248,219.23 0.54% SKCKOLONPI INC 304,405.23 0.66% DETSKY MIR PJSC 324,677.76 0.70% SAMSUNG BIOLOGICS CO LTD 251,130.17 0.54% HANGCHA GROUP CO LTD -A 159,844.74 0.34% MR PRICE GROUP LTD 269,373.15 0.58% HUGEL INC 250,965.80 0.54% Page 3 of 4 VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY VIF SOPHUS EMERGING MARKETS MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % BETTERWARE DE MEXICO SAB DE CV 154,861.92 0.33% 100.00% Portfolio holdings are subject to change, are unaudited, and do not represent any type of recommendation. The Funds are distributed by Victory Capital Services, Inc. Shares of the Fund may be subject to sales charges and other fees. Carefully consider a fund's investment objectives, risks, charges and expenses before investing. To obtain a prospectus or summary prospectus containing this and other important information, visit www.vcm.com/prospectus. Read it carefully before investing. Page 4 of 4.
Load more

Recommended publications
  • FTSE Korea 30/18 Capped
    2 FTSE Russell Publications 19 August 2021 FTSE Korea 30/18 Capped Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Alteogen 0.19 KOREA Hyundai Engineering & Construction 0.35 KOREA NH Investment & Securities 0.14 KOREA AmoreG 0.15 KOREA Hyundai Glovis 0.32 KOREA NHN 0.07 KOREA Amorepacific Corp 0.65 KOREA Hyundai Heavy Industries 0.29 KOREA Nong Shim 0.08 KOREA Amorepacific Pfd. 0.08 KOREA Hyundai Marine & Fire Insurance 0.13 KOREA OCI 0.17 KOREA BGF Retail 0.09 KOREA Hyundai Merchant Marine 1.02 KOREA Orion 0.21 KOREA BNK Financial Group 0.18 KOREA Hyundai Mipo Dockyard 0.15 KOREA Ottogi 0.06 KOREA Celltrion Healthcare 0.68 KOREA Hyundai Mobis 1.53 KOREA Paradise 0.07 KOREA Celltrion Inc 2.29 KOREA Hyundai Motor 2.74 KOREA Posco 1.85 KOREA Celltrion Pharm 0.24 KOREA Hyundai Motor 2nd Pfd. 0.33 KOREA Posco Chemical 0.32 KOREA Cheil Worldwide 0.14 KOREA Hyundai Motor Pfd. 0.21 KOREA Posco International 0.09 KOREA CJ Cheiljedang 0.3 KOREA Hyundai Steel 0.33 KOREA S1 Corporation 0.13 KOREA CJ CheilJedang Pfd. 0.02 KOREA Hyundai Wia 0.13 KOREA Samsung Biologics 0.92 KOREA CJ Corp 0.11 KOREA Industrial Bank of Korea 0.22 KOREA Samsung C&T 0.94 KOREA CJ ENM 0.15 KOREA Kakao 3.65 KOREA Samsung Card 0.08 KOREA CJ Logistics 0.12 KOREA Kangwon Land 0.23 KOREA Samsung Electro-Mechanics 0.81 KOREA Coway 0.36 KOREA KB Financial Group 1.78 KOREA Samsung Electronics 25.36 KOREA Daewoo Engineering & Construction 0.12 KOREA KCC Corp 0.12 KOREA Samsung Electronics Pfd.
    [Show full text]
  • Presentación De Powerpoint
    Investor Presentation January 2019 QUIÑENCO AT A GLANCE OWNERSHIP STRUCTURE 17% Luksic Group Minority Shareholders 83% (Chilean Stock Exchanges) 65% Industrial / Financial Services Mining Market Listed on London Capitalization Stock Exchange US$ 4.3(1) billion (1) Market Capitalization as of December 31, 2018. 3 QUIÑENCO AT A GLANCE QUIÑENCO: KEY FIGURES Diversified business conglomerate with increasing presence worldwide AGGREGATE ANNUAL ASSETS UNDER US$84 US$28 REVENUES OF MAIN MANAGEMENT bln bln OPERATING COMPANIES 125 69k 110 380 70 COUNTRIES JOBS PLANTS VESSELS PORTS Quiñenco, through its main Quiñenco group companies The operating companies A fleet of more than 380 An extensive network of operating companies, has a employ more than 69 manage more than 110 ships and tug boats. ports in America. global presence across five thousand people in Chile beverage and cable plants. continents. and abroad. 461 399 at124,000 Chile SERVICE BANK BEVERAGE STATIONS BRANCHES SALES POINTS Information as of December 31, 2017. 4 QUIÑENCO AT A GLANCE QUIÑENCO: MAIN OPERATING COMPANIES % Control as of September 2018 51.3% 60.0% 29.1%2 25.9%3 52.2% 100% Mkt.Cap1: Mkt.Cap1: Mkt.Cap1: Mkt.Cap1: Mkt.Cap1: US$ 880 mln4 US$ 14.4 bln US$ 4.7 bln US$ 1.2 bln US$4.5 bln US$ 840 mln • Leading full services • No.1 Chilean beer • Global leading • Leading global liner • Leading port, cargo • No.2 retail bank in Chile producer French cable shipping company, & shipping services distributor of fuels manufacturer, with a network of company: port in Chile with 461 • Jointly
    [Show full text]
  • Empresas Copec S.A. Consolidated Financial
    EMPRESAS COPEC S.A. CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2018 IFRS - International Financial Reporting Standards IAS - International Accounting Standards NIFCH - Chilean Financial Reporting Standards IFRIC - International Financial Reporting Interpretations Committee US$ - United States dollars ThUS$ - Thousands of US dollars MUS$ - Millions of US dollars MCh$ - Millions of Chilean Pesos COP$ - Colombian pesos S./ - Peruvian nuevo sol WorldReginfo - d6a34cd4-9970-4f3e-9bfb-af0f71482286 INDEPENDENT AUDITORS' REPORT Santiago, March 8, 2019 Dear Shareholders and Directors Empresas Copec S.A. We have audited the accompanying consolidated financial statements of Empresas Copec S.A. and affiliates, which comprise a consolidated statement of financial position as of December 31, 2018 and 2017, the corresponding consolidated statements of income by function, consolidated comprehensive income, consolidated changes in equity and consolidated cash flow for the years ending on these dates, and the corresponding notes to the consolidated financial statements. Management's responsibility for the consolidated financial statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with International Financial Reporting Standards (IFRS). This responsibility includes the design, implementation and maintenance of relevant internal controls for the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether
    [Show full text]
  • Banco Santander Chile Form 20-F 2008
    2008 Banco Santander Chile Form 20-F 2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) " REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2008 OR " TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-14554 BANCO SANTANDER-CHILE (d/b/a Santander, Banco Santander, Banco Santander Santiago, and Santander Santiago) (Exact name of Registrant as specified in its charter) SANTANDER-CHILE BANK (d/b/a Santander, Banco Santander, Santander Santiago Bank, and Santander Santiago) (Translation of Registrant’s name into English) Chile (Jurisdiction of incorporation) Bandera 140 Santiago, Chile Telephone: 011-562 320-2000 (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered American Depositary Shares (“ADS”), each representing the right to receive 1,039 Shares of New York Stock Exchange Common Stock without par value Shares of Common Stock, without par value* New York Stock Exchange * Santander-Chile’s shares of common stock are not listed for trading, but only in connection with the registration of the American Depositary Shares pursuant to the requirements of the New York Stock Exchange. Securities registered or to be registered pursuant to Section 12(g) of the Act: None (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: 7.375% Subordinated Notes due 2012 The number of outstanding shares of each class of common stock of Banco Santander-Chile at December 31, 2008, was: 188,446,126,794 Shares of Common Stock, without par value Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • Holdings-Report.Pdf
    The Fund is a closed-end exchange traded management Investment company. This material is presented only to provide information and is not intended for trading purposes. Closed-end funds, unlike open-end funds are not continuously offered. After the initial public offering, shares are sold on the open market through a stock exchange. Changes to investment policies, current management fees, and other matters of interest to investors may be found in each closed-end fund's most recent report to shareholders. Holdings are subject to change daily. PORTFOLIO HOLDINGS FOR THE KOREA FUND as of July 31, 2021 *Note: Cash (including for these purposes cash equivalents) is not included. Security Description Shares/Par Value Base Market Value (USD) Percent of Base Market Value SAMSUNG ELECTRONICS CO 793,950 54,183,938.27 20.99 SK HYNIX INC COMMON 197,500 19,316,452.95 7.48 NAVER CORP COMMON STOCK 37,800 14,245,859.60 5.52 LG CHEM LTD COMMON STOCK 15,450 11,309,628.34 4.38 HANA FINANCIAL GROUP INC 225,900 8,533,236.25 3.31 SK INNOVATION CO LTD 38,200 8,402,173.44 3.26 KIA CORP COMMON STOCK 107,000 7,776,744.19 3.01 HYUNDAI MOBIS CO LTD 26,450 6,128,167.79 2.37 HYUNDAI MOTOR CO 66,700 6,030,688.98 2.34 NCSOFT CORP COMMON STOCK 8,100 5,802,564.66 2.25 SAMSUNG BIOLOGICS CO LTD 7,230 5,594,175.18 2.17 KB FINANCIAL GROUP INC 123,000 5,485,677.03 2.13 KAKAO CORP COMMON STOCK 42,700 5,456,987.61 2.11 HUGEL INC COMMON STOCK 24,900 5,169,415.34 2.00 SAMSUNG 29,900 4,990,915.02 1.93 SK TELECOM CO LTD COMMON 17,500 4,579,439.25 1.77 KOREA INVESTMENT 53,100 4,427,115.84
    [Show full text]
  • Capital Increase Presentation
    Enel Américas Capital Increase February 27th, 2019 Table of Contents Our Track Record Transaction Rationale Transaction Structure Closing Remarks 2 Our Track Record 3 Proposed Equity Capital Increase Facilitates Pursuit of Proven Growth Strategy Formation of Successful Up to US$ 3.5 Bn Continued the Largest Delivery of Capital Increase Growth Private Utility Growth and Capital Structure Strategy & Company in Shareholder Optimization to Consolidation LatAm Value Unlock Growth Created Americas- Organic Facilitates execution of Minority investors buyout focused growth vehicle growth strategy with leading market Captured efficiencies Privatization and position Cash flow optimization consolidation Expanded Free Market Unlocked efficiencies and Enel X segments Credit enhancement Enel X expansion Simplified structure Inorganic Higher market capitalization, float and Reduced leakage Acquired Enel Dx São liquidity Paulo and Enel Dx Goiás evidencing strong value creation capabilities 4 Our Track Record Sustainability, Growth, Efficiencies and Value Creation 2016 2018 I&N(3) End users MM 14.1 24.5 EBITDA US$ Bn 2.4 3.4 Growth Net Income US$ Bn 1.0 1.7 CAPEX US$ Bn 1.2 1.7 Group simplification Number of companies 43 32(4) Opex reduction Cumulated efficiencies(1,5) US$ MM ~ 130 ~ 420 Shareholder return Total Dividends US$ Bn 0.3 0.5 Value creation People benefited(1) MM (cumulated) 1.4 2.7 Sustainability commitment Index Member Number of indexes 0 4(2) Notes: 3. Infrastructure & Networks 5 1. Base year 2015 4. Not including acquired
    [Show full text]
  • Emerging Index - QSR
    2 FTSE Russell Publications 19 August 2021 FTSE RAFI Emerging Index - QSR Indicative Index Weight Data as at Closing on 30 June 2021 Index Index Index Constituent Country Constituent Country Constituent Country weight (%) weight (%) weight (%) Absa Group Limited 0.29 SOUTH BRF S.A. 0.21 BRAZIL China Taiping Insurance Holdings (Red 0.16 CHINA AFRICA BTG Pactual Participations UNT11 0.09 BRAZIL Chip) Acer 0.07 TAIWAN BYD (A) (SC SZ) 0.03 CHINA China Tower (H) 0.17 CHINA Adaro Energy PT 0.04 INDONESIA BYD (H) 0.12 CHINA China Vanke (A) (SC SZ) 0.09 CHINA ADVANCED INFO SERVICE 0.16 THAILAND Canadian Solar (N Shares) 0.08 CHINA China Vanke (H) 0.2 CHINA Aeroflot Russian Airlines 0.09 RUSSIA Capitec Bank Hldgs Ltd 0.05 SOUTH Chongqing Rural Commercial Bank (A) (SC 0.01 CHINA Agile Group Holdings (P Chip) 0.04 CHINA AFRICA SH) Agricultural Bank of China (A) (SC SH) 0.27 CHINA Catcher Technology 0.2 TAIWAN Chongqing Rural Commercial Bank (H) 0.04 CHINA Agricultural Bank of China (H) 0.66 CHINA Cathay Financial Holding 0.29 TAIWAN Chunghwa Telecom 0.32 TAIWAN Air China (A) (SC SH) 0.02 CHINA CCR SA 0.14 BRAZIL Cia Paranaense de Energia 0.01 BRAZIL Air China (H) 0.06 CHINA Cemex Sa Cpo Line 0.7 MEXICO Cia Paranaense de Energia (B) 0.07 BRAZIL Airports of Thailand 0.04 THAILAND Cemig ON 0.03 BRAZIL Cielo SA 0.13 BRAZIL Akbank 0.18 TURKEY Cemig PN 0.18 BRAZIL CIFI Holdings (Group) (P Chip) 0.03 CHINA Al Rajhi Banking & Investment Corp 0.52 SAUDI Cencosud 0.04 CHILE CIMB Group Holdings 0.11 MALAYSIA ARABIA Centrais Eletricas Brasileiras S.A.
    [Show full text]
  • 中國中車股份有限公司 Crrc Corporation Limited
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should 14A.69(4) consult your licensed dealer in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in CRRC Corporation Limited (the “Company”), you should at once hand this circular and the enclosed New Proxy Form to the purchaser or the transferee or to the bank, licensed dealer in securities or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no 14A.70(1) 13.52 Note 5 responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) 13.28(1) 13.51A (Stock code: 1766) A1B1 (1) PROPOSED ISSUANCE AND PLACING OF NEW A SHARES; (2) CONNECTED TRANSACTION: PROPOSED SUBSCRIPTION OF NEW A SHARES BY CRRC GROUP; AND (3) SUPPLEMENTAL NOTICE OF 2015 ANNUAL GENERAL MEETING Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders A supplemental notice of the AGM of the Company, which will be held as originally scheduled at Empark Grand Hotel, No.
    [Show full text]
  • The Mineral Industry of China in 2016
    2016 Minerals Yearbook CHINA [ADVANCE RELEASE] U.S. Department of the Interior December 2018 U.S. Geological Survey The Mineral Industry of China By Sean Xun In China, unprecedented economic growth since the late of the country’s total nonagricultural employment. In 2016, 20th century had resulted in large increases in the country’s the total investment in fixed assets (excluding that by rural production of and demand for mineral commodities. These households; see reference at the end of the paragraph for a changes were dominating factors in the development of the detailed definition) was $8.78 trillion, of which $2.72 trillion global mineral industry during the past two decades. In more was invested in the manufacturing sector and $149 billion was recent years, owing to the country’s economic slowdown invested in the mining sector (National Bureau of Statistics of and to stricter environmental regulations in place by the China, 2017b, sec. 3–1, 3–3, 3–6, 4–5, 10–6). Government since late 2012, the mineral industry in China had In 2016, the foreign direct investment (FDI) actually used faced some challenges, such as underutilization of production in China was $126 billion, which was the same as in 2015. capacity, slow demand growth, and low profitability. To In 2016, about 0.08% of the FDI was directed to the mining address these challenges, the Government had implemented sector compared with 0.2% in 2015, and 27% was directed to policies of capacity control (to restrict the addition of new the manufacturing sector compared with 31% in 2015.
    [Show full text]
  • Elektra (ELEKTRA) Marcela Martínez Suárez [email protected] (52-55) 5169-9384
    Second Quarter 2004 Grupo Elektra (ELEKTRA) Marcela Martínez Suárez [email protected] (52-55) 5169-9384 August 5, 2004 SELL ELEKTRA * / EKT Grupo Elektra Prepays 2008 Senior Notes – Strong Price: Mx / ADR Ps 68.25 US$ 22.98 Performance at All Divisions Price Target Ps 71.00 Risk Level High • Elektra is now consolidating the Bank's results. Our comments are based on figures presented by Grupo 52 Week Range: Ps 77.20 to Ps 31.65 Elektra. During 2Q04, sales were up 20.5%, as a result of Shares Outstanding: 236.7 million strong performance at the Bank and the retail division. Market Capitalization: US$ 1.41 billion New personnel hired resulted in an 0.8-pp contraction in Enterprise Value: US$ 2.04 billion operating margin. Operating profit and EBITDA, Avg. Daily Trading Value US$ 1.4 million however, were up 12.5% and 11%, respectively. Retail Ps/share US$/ADR store formats are posting strong results, and the "Nobody 2Q EPS 1.39 0.49 Undersells Elektra" slogan has attracted more consumers. T12 EPS 6.19 2.16 The group's valuation, as measured by the EV/EBITDA T12 EBITDA 15.55 5.42 multiple, is at 6.35x, and should drop to 5.8x by year-end T12 Net Cash Earnings 11.93 4.16 2004. Our price target of Ps 71 represents a 5.54% Book Value 28.86 10.06 nominal yield, including a Ps 1.033 dividend. The above, T12 2004e coupled with the fact that Elektra is a high-risk stock, P/E 11.02x leads us to recommend Elektra as a SELL.
    [Show full text]
  • Samsung Electronics Co., Ltd. and Its Subsidiaries NOTES to INTERIM
    Samsung Electronics Co., Ltd. and its Subsidiaries NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS 1. General Information 1.1 Company Overview Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea in 1969 and listed its shares on the Korea Stock Exchange in 1975. SEC and its subsidiaries (collectively referred to as the “Company”) operate four business divisions: Consumer Electronics (“CE”), Information technology & Mobile communications (“IM”), Device Solutions (“DS”) and Harman. The CE division includes digital TVs, monitors, air conditioners and refrigerators and the IM division includes mobile phones, communication systems, and computers. The DS division includes products such as Memory, Foundry and System LSI in the semiconductor business (“Semiconductor”), and LCD and OLED panels in the display business (“DP”). The Harman division includes connected car systems, audio and visual products, enterprise automation solutions and connected services. The Company is domiciled in the Republic of Korea and the address of its registered office is Suwon, the Republic of Korea. These interim consolidated financial statements have been prepared in accordance with Korean International Financial Reporting Standards (“Korean IFRS”) 1110, Consolidated Financial Statements. SEC, as the controlling company, consolidates its 256 subsidiaries including Samsung Display and Samsung Electronics America. The Company also applies the equity method of accounting for its 41 associates, including Samsung Electro-Mechanics.
    [Show full text]
  • Actualización Conjunta De Nuestro Universo De Cobertura
    Actualización conjunta de nuestro universo de cobertura Mercado accionario Análisis fundamental en medio de la pandemia colombiano Dirección de Investigaciones Económicas, Sectoriales y de Mercados Julio de 2020 Análisis fundamental en medio de la pandemia 47% sobreponderar, 5% Neutral, 37% subponderar y 11% Bajo Revisión La incertidumbre y el miedo hacen una mezcla explosiva para los mercados financieros, generando descalces de valor como los que, en nuestra opinión, vivimos en la actualidad. Esta sobrerreacción a las noticias económicas negativas en medio del pánico (covid-19) es normal en el corto plazo, abriendo oportunidades de inversión desde un punto de vista fundamental para portafolios que quieran apostarle a la recuperación económica. Actualizamos nuestro universo de cobertura realizando diferentes ajustes a nuestra metodología de valoración, entre las que destacamos ajustes en la tasa de descuento, expectativas de crecimiento en los diferentes sectores económicos, al igual que nuevas proyecciones macroeconómicas para Colombia y los países de la región. Con base en lo anterior, concluimos que el mercado colombiano presenta un atractivo descuento fundamental, con un índice COLCAP que presenta un potencial de valorización del 38,9%. Es importante tener presente que ninguna compañía nos arroja un potencial de valorización negativo, en otras palabras, la recomendación de Subponderar obedece a que dichos activos rentarán un 5% menos que la expectativa fundamental del índice Colcap Nunca antes el trabajo de un analista fundamental había sido tan complejo, pues las compañías de cara a la coyuntura han dejado de dar su visión de expectativa de resultados para 2020, lo que incrementa el nivel de riesgo de nuestras recomendaciones.
    [Show full text]