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There is Free Lunch Even When Market Plunges!

The richest man in Hong Kong invited me to a free lunch again last week.  Li Ka-Shing’s flagship company Hutchison Whampao Ltd. has again delivered a set of earnings which deviated from market expectations.  Unlike previous two quarters when it smashed earnings estimates on the upside, Hutchison Whampao surprised on the downside this time.

 

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