Convictions Paying Off

(Posted on behalf of TL)

Currently interning in Shanghai in a real estate PE firm, hence, my posts have been pretty lagged, for that I apologise. However, it is due to my workload and China blocking most social sites. I find my work quite satisfying – surveying potential sites, researching on its potential, preparing investment pitches, doing research reports on the Shanghai property market etc. Only ‘miserable’ part being in Shanghai would probably be the unstable wifi connection I am having in my apartment, inability to constantly access the usual social sites (stuff we have pretty much taken for granted) and lack of friends. That said, after a while, I am pretty much getting used to not going online checking Facebook anymore. I guess in someways, without these social media, life goes on as per normal. However, blocking all my news sites like Bloomberg is definitely getting on my nerves.

Anyway, main purpose for uploading this post is really kudos to us all who remained invested in King Wan Corporation! Just saw the Annual Report, well have not really analysed the financials but management has declared a 1.5c dividend, an increase of 0.5c. 🙂 Will probably upload my research report on the Shanghai Office Market after I’m done with it.

Disclosure: The author is long King Wan Corporation