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 Take profit on Short ESZ8 below 2716 October 23, 2018 Vix is back to low range of the new Vol regime: Buy convexity May 26, 2018 SC trade 1: long EWZ May 22, 2018