2019 Headwinds29 Dec 2019 14:39
Here is my list of 2019 headwinds, most of which are receding or have gone, paving the way for a much better 2020,
especially as we are looking for accelerated Surufatinib approval in China and a possible China Savolitinib NDA
1. HHHL/CKH secondary listing overhang - probably cleared
2. U.S. - China trade war - partially cleared
3. Hong Kong riots - ongoing
4. Delay to HK IPO - Co. muted this will probably now happen at some point
5. Worldwide markets volatility - cleared
6. Trump China ADR de-listing threat - gone
7. Anti-Chinese sentiment by U.S. and its Investment Community - receding
I think 2020 could bring us an all-time high in excess of the previous 584p, although the rise of sterling against the U.S. dollar will be a slight headwind for the Ordinary Shares