Blue-chip conglomerate facing inflation pressures. Estimated reading time: 18 minutes
Thanks. I am hoping for acquisitions in the Infrastructure space, and growth with Capex in ports.
at the same time, cash balance starts to bring interest income. Nice that they exit little by little the Telecom business.
They're certainly looking for new acquisitions but we don't know yet in what industries. From the tone of Victor Li in his earnings call, I get the sense that he wants to reinvest capital into the infrastructure business. Just an impression.
Thanks. I am hoping for acquisitions in the Infrastructure space, and growth with Capex in ports.
at the same time, cash balance starts to bring interest income. Nice that they exit little by little the Telecom business.
They're certainly looking for new acquisitions but we don't know yet in what industries. From the tone of Victor Li in his earnings call, I get the sense that he wants to reinvest capital into the infrastructure business. Just an impression.