Take profit on 1288HK to reduce our EM allocation 1288 HK’s EPS grade is down to a bearish level (37), while the share price has rebounded below the 200 days MA. Our matrix stays short EM and accordingly we trim our exposure of long Chinese names. You Might Also Like Adding convexity in Nasdaq100 May 30, 2018 Short Burberry above 2110 for a 1960 target June 20, 2018 Buy Baidu below 230 through call spread August 1, 2018