China XD Plastics 1H Review & The New Deal is Worse Than The Old Deal

Posted on by John Sheehy

Specialty chemicals producer China XD Plastics delivered strong 1H18 operating results with volume +11% and net income +14% The company remains over 80% cheaper than China-listed peers Liquidity is adequate, but it would be prudent to raise equity at a reasonable price to support growth plans The proposed issuance of shares in the Chinese operating … Continue reading China XD Plastics 1H Review & The New Deal is Worse Than The Old Deal