Shun Tak Holdings Recommendation: Hold Brokerage: Sun Hung Kai SHUN TAK is involved in shipping, property, restaurants, air transport and hotels in the Asia-Pacific region.
Its Hong Kong-Macau jetfoil operation will see only 2 per cent growth this year as keen competition from other companies and newcomer China Travel Service have pared its market share.
In terms of property development, no major projects are to be booked in the next two years, apart from the sale of the remaining 30 units in Monmouth Place.
One bonus for the company is that Macau hotels are benefiting from the new Macau airport and the scarcity and expense of Hong Kong hotel rooms.
JCG Holdings Recommendation: Buy Brokerage: MeesPierson JCG is a financial services company that provides personal loans, overdrafts, mortgage loans, hire purchase, and taxation loans. It enjoys strong growth and high yields and has started lending on old properties.
Last year's acquisition of taxi-financier and restaurant operator Winton Holdings will boost its loan book and interest income.