Revere Data Adds Insight into Global Economic Connections ::
September 30, 2008
New York, September 30, 2008 - The United States, as the world’s largest economy, is intricately linked to companies and economies throughout the world. As the U.S. faces the possibility of a prolonged recession, users of Revere are well-equipped to identify companies and sectors worldwide most likely affected by this development, and position their portfolios accordingly.
For example, of the roughly 1,000 public companies trading on the Hong Kong Stock Exchange, over 90 derive a material (10%+) portion of their revenue selling to the United States. Of these are 50 Consumer Product and Services companies, which as a group derive 40% of their revenue from the U.S. Examples of some of these companies include:
Company U.S. Exposure Mkt Cap (HKD) Sector
Lee & Man 49% 742 million Leather and Luggage Goods
Yue Yuen Indus. 35% 34.9 billion Athletic Footwear
Matrix Holdings 83% 271 million Gifts and Toys
Revere has also uncovered two dozen companies in the Industrial and Materials and Technology sectors with heavy (20%+) U.S. exposure; including companies in sub-sectors ranging from electrical equipment and power systems, to textiles, to contract electronics manufacturing.
As investors become increasingly global in search of superior risk-adjusted returns, Revere’s mission of bringing about transparency into the linkages, connections, and relationships across companies, sectors, and countries will continue to provide our customers with an edge.
If you would like further information on Revere’s detailed industry mapping and geographic revenue data for Hong Kong Stock Exchange companies, please contact our Research, Sales, and Customer Support teams.
Sincerely,
Revere Research Team
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DISCLAIMER
Revere Data, LLC is an independent provider of investment research and information and does not offer investment advice. Any mention of a specific company is not a recommendation to buy or sell a security of that company. Revere Data, LLC permits its analysts and members of their immediate families to invest and trade in the securities of the companies in the industry and industries covered by Revere Data, LLC. Though Revere Data, LLC is not required to be a registered investment advisor under the Investment Advisor Act of 1940 or as an investment advisor with any state, Revere Data, LLC voluntarily applies relevant and pertinent rules and procedures adopted by the NYSE and NASD as may be approved from time to time by the SEC relating to the issues of analyst independence and objectivity.