Kenny Tang Net Quotations

Henderson Investment's net asset value should be worth more than HK$20 and its units, Miramar Hotel and Hong Kong Ferry, still have room to develop.

They will be trying to identify companies that are trading at sizable discounts to their net asset value, and many of these will be property companies.

It has the biggest customer base (in China) and has most of the high net worth customers. It is a long-term earnings story.