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 a bit contrarian … we buy china here May 25, 2018 grab Grub May 30, 2018 close long put VIX 22 Nov21 November 19, 2018