Billyteam Portfolio Performance Report
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Transcript of Billyteam Portfolio Performance Report
BILLYTEAM PORTFOLIO PERFORMANCE REPORT
Kwan Chi Wan 2008086713Yip Chun Lung 2008147268Lee Kok Man 2006096099
Chan Kai Sang 2007176420Wong Hin Lun 2007094971
Introduction
We focus not only in Hong Kong,
but seek opportunities in global market
Mixed
Equity + Futures
Combined managementActive + Passive
Investment Philosophy
Passive – intrinsic value
Active – market trend
Fine Tuning Strategy
EQUITY5 Main types of equity Company
Finance / Banking CHINA LIFE, CITIC BANK, HSBC HOLDINGS P L C
Transportation CHINA EAST AIR
Energy / Natural Resources SINOPEC CORP, CNPC(HONG KONG),HARBIN POWER
Technology GENERAL ELECTRIC CO, CHINA MOBILE, APPLE INC, MICROSOFT CORP, INTEL CORP, GOOGLE INC
Others HKEX, ZIJIN MINING
No. of U.S. stock 6
No. of Hong Kong stock 9
Reason for choosing these 5 industries:• Finance / Banking - China’s economy is recovering demand on banking/finance ↑
EQUITY
•Transportation
-CHINA EAST AIR Purchase Shanghai Airlines Co ----> 50% market share- Join SkyTeam Alliance-Government support
EQUITY
•Energy / Natural Resources-China have large amount of natural resources-Development needs large amount of Energy
EQUITY
•Technology-Drop too much in financial tsunami predict the price will recover to level before in financial tsunami
EQUITY
Stock Quantity
Price to buy
Price to sell
Return
HARBIN POWER 10,000 6.45 6.44 -0.155%
CHINA LIFE 10,000 35.2 37.65 6.96%
SINOPEC CORP 30000 6.04 6.58 8.94%
CITIC BANK 20000 5.47 5.01 -8.41%
GENERAL ELECTRIC CO 5,000 16.34 15.5 -5.14%
HKEX 5,000 134.3 130 -3.2%
CHINA MOBILE 9,911 76 78.9 3.82%
APPLE INC 496 215.1 222.92 3.64%
INTEL CORP 2500 19.15 20.44 6.74%
MICROSOFT CORP 2500 28.36 29.4 3.67%
CHINA EAST AIR 70000 2.67 3.83 43.45%
CNPC(HONG KONG) 20,000 8.79 9.97 13.42%
GOOGLE INC 150 535 550.31 2.86%
HSBC HOLDINGS P L C 1,600 51.28 53.61 4.54%
ZIJIN MINING 102,000 6.33 6.37 0.63%
Future
Strategy:1. Short term 2. Active management based on
a. market issuesb. momentum analysisc. macroeconomic analysis
Future US indices future 1.Dow Jones Industrial Average 2.NASDAQ 100 Composite3.S&P 500
Metals future1.Gold
• Currencies future1. Euro2.Australian Dollar3.Canadian Dollar
Future• Why US indices future? Market
issues US economy is in good pace of
recovering1. Good economic factors enhance the
recovery of US market.
Future• Why Euro Future? Market issue
1. Value of Euro against US$ Decline greatly since Greece crisis
2. Sensitive to positive market news ( Rescue Package )
FutureWhy Australian Canadian Dollar and Gold
future? Market issue , momentum and
macroeconomic analysis1. US dollar and Euro are weak2. Momentum of two currencies
Future Result
1. Positive overall return 5% from all future positions
Conclusion