Feng Li Shenzhen SASAC and Shenzhen Metro Group offered the hometown property champion their support after investors worried about its ability to repay its debt. First it was Evergrande (OTC:EGRNQ)[3333.HK], then Country Garden (OTCPK:CTRYF)[2007.HK]. Now, everyone is trying to guess who among China’s debt-challenged real estate developers will be next to fall into crisis. Once…
Bet_Noire Thesis Despite a strong rally since the beginning of the year, the stock market has sent some troubling signs over the past few weeks, as interest rates are rising once again. As the markets realize that despite signs of slowing growth, the Fed is likely to keep interest rates elevated, the outlook, especially for…
AzmanL/E+ via Getty Images Investment Thesis National Vision Holdings (NASDAQ:EYE) is among the largest eyewear player in the US with ~1,400 stores across the country. It operates through five brands including America’s Best and Eyeglass World offering eye exams, eyeglasses, and contact lenses to budget-conscious and low income consumers. However, its growth has continually lagged…