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 Buy ROST US through short put May 25, 2018 Buy Credit suisse below 16.2 and add in SC European longs July 31, 2018 we take profit in Mediobanca (MB IM) September 18, 2018