ESG - Bamboo Works - China stock insights for global investors

How investors should read a listed company’s annual report

Wed, 27 Mar 2024 06:03:43 +0000

Annual reports can help to better understand a company’s financial position, with special attention necessary to any unusual findings in the auditor’s report 　 By Ricky Lai It’s peak reporting period for Hong Kong-listed companies, which means the release of hundreds of reports on how they fared in 2023. After releasing those results, companies listed.....

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Roma Green IPO underwhelms as investors fail to see green in its ESG story

Wed, 17 Jan 2024 03:35:56 +0000

The environment, social and governance advisory firm priced its shares at the bottom of their target range in their modest New York IPO Key Takeaways: By Warren Yang It’s no news that environmental, social and governance, or ESG, is one of the most trending acronyms for companies nowadays as investors increasingly demand they do.....

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Balancing the need for China-related risk disclosure in IPO documents

Wed, 06 Dec 2023 06:19:42 +0000

Risk factor disclosure often takes up a major part of an IPO prospectus. It would contravene basic corporate governance to remove China-related risk factors from IPO documents By Ricky Lai The Hong Kong Exchanges and Clearing Ltd. (HKEx) amended its listing rules on Aug. 1, removing a requirement for applicants to disclose China-related risks.....

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ATRenew chases new growth with refurbishment, new Apple partnership

Wed, 29 Nov 2023 03:52:32 +0000

The recycling specialist said its sales of refurbished products more than doubled in the third quarter, as it ramps up business under its new recycling partnership with Apple Key Takeaways: By Doug Young Diversification was a major theme in the latest financial results from recycling specialist ATRenew Inc. (RERE.US), which is trying to broaden.....

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How do companies ensure their independent directors are really independent?

Fri, 17 Nov 2023 01:30:00 +0000

The independence of Hong Kong listed companies’ independent directors is sometimes questioned, since restrictions don’t forbid certain personal relationships 　 By A. Au Every listed company has a board whose directors steer the company’s general direction, decide its important matters and direct the work of employees at all levels. The Hong Kong Stock Exchange stipulates.....

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Trust is key to encouraging whistleblowing

Tue, 25 Jul 2023 01:15:10 +0000

A listed company’s whistleblowing policy depends most on trust levels among employees and outsiders towards the mechanism 　 By A. Au In April, an anonymous letter about property developer China Resources Land Ltd. (1109.HK) circulated on the internet, accusing Ernst & Young (E&Y) of lacking independence in its audits of the company. The reasons cited.....

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ATRenew takes solid steps to fuse ESG into its recycling business

Fri, 07 Jul 2023 01:00:00 +0000

The company continued to reduce the intensity of its carbon emissions last year, a key area at the heart of its ‘circular economy’ business model Key Takeaways: By Warren Yang ATRenew Inc. (RERE.US) is trying to show it practices what it preaches in environmental, social and governance (ESG) matters. There’s good reason to believe.....

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Breeze may be turning in Goldwind’s favor, but global investors remain cautious

Fri, 05 May 2023 06:05:57 +0000

The world’s biggest wind power equipment maker, once China’s ‘green rush’ darling, is being abandoned by many of its big-name western investors Key Takeaways: By Chen Ruzhen After hitting the doldrums last year with its worst performance in a decade, 2023 is offering scant new breezes to fill the sails of Xinjiang Goldwind Science.....

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Net gains: Chinese tech companies rapidly gain ground on western peers in ESG

Thu, 27 Apr 2023 02:44:07 +0000

An analysis finds a general trend of significant evolution, greater transparency, and improved performance in ESG by Chinese tech giants like Alibaba, Tencent and Baidu 　 By Dr. Mark Watson As environment, social and governance (ESG) moves increasingly into the mainstream of business strategy at a global level, and following a general trend for its.....

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Navigating China’s New ESG Disclosure Guidelines

Fri, 09 Sep 2022 01:00:00 +0000

The new document published by a state-backed think-tank in June provides clear guidance on standards for environment, social and governance best practices in China By Tim Nicholls The Guidance for Enterprise ESG Disclosure launched on June 1 is the first China-focused environmental, social and governance (ESG) disclosure standard issued in the country. While its reporting.....

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