Regarding the top choice among the Three Fools of China International Capital Corporation

PortfolioAlert · 2026-03-28T04:10:25+00:00

Currently, the price levels are prioritized as China International Capital Corporation (CICC) > CICC > Dongxing > Cinda. If the merger succeeds, CICC will be the first to resume trading. Based on past experience, the first to resume often has a more than 5% stock swap premium over the later resumers; if it fails, CICC should also experience the smallest decline. Dongxing and Cinda are similar—if the merger succeeds, only the stock swap price serves as the anchor. If it fails, Cinda's net assets and earnings are not as good as Dongxing's, so it’s likely to fall the most.

PortfolioAlert

2026-03-28 04:10:25

Based on the current price levels, the priority order is CITIC H > CITIC > Dongxing > Cinda. If the merger is successful, CITIC will be the first to resume trading. According to past experience, the first to resume trading often offers a share-exchange premium of 5% or more to those that resume later. If it fails, CITIC should also fall the least. Dongxing is the same as Cinda: if it succeeds, only the exchange price is the anchor; if it fails, Cinda’s net assets and earnings are both worse than Dongxing’s, so it should be the one that falls the most.

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