Hong Kong Energy Potentially Undervalued Small Caps

Chinese People Holdings

Market Cap: HK$241.2m

An investment holding company, engages in the sales and distribution of fuel gas in the People’s Republic of China.

Vico International Holdings

Market Cap: HK$173.0m

An investment holding company, engages in the distribution of lubricants and petrochemicals in Hong Kong, Vietnam, Dubai, Thailand, Singapore, and India.

Hilong Holding

Market Cap: HK$400.4m

An investment holding company, operates as an oil field equipment and services provider in the People’s Republic of China, Hong Kong, Russia, Central Asia and Europe, the Middle East, North and South America, South Asia, Southeast Asia, and Africa.