The Annual Value Investing Challenge aims to promote value investing and encourages students to perform fundamental, bottom-up stock research in the Asia-Pacific Region. Contestants will value a publicly listed stock, write a research report and present the research.

The 4th Annual Value Investing Challenge 2020 has concluded on Dec 9, 2020, and we would like to thank you all for participating in this competition. A total of 37 teams submitted their reports and 6 teams were selected to proceed to the final round.

The winning teams are listed below:

Champion (Research company: Xinyi Solar)
1) Kevin MOK (GBUS, Year 2)
2) Larry CHAN (GBUS, Year 2)
3) Bernard LAM (GBUS, Year 2)

Second Prize (Research company: Koolearn Technology Holding Ltd)
1) Matthew AU (GBUS & FINA, Year 4)
2) Cynthia HUI (GBUS & FINA, Year 4)

Third Prize (Research company: Bukit Asam Tbk Pt)
1) Jeremy DARMADI (QFIN, Year 2)
2) Florencia SUHARDI (RMBI, Year 2)
3) Ryan VENNANDDI (Undeclared, Year 2)

Finalist
Research Company: Top Glove Corporation Berhad
1) Samuel LIAW (FINA & IS, Year 3)
2) Li Yaw SIOW (IS & ACCT, Year 3)
3) Jeff WONG (FINA & ECON, Year 3)

Research Company: Tencent Holdings Ltd
1) Enoch YIN (MATH, Year 4)
2) August XIAO (RMBI, Year 3)

Research Company: XL Axiata Tbk PT
1) Brian TENARDI (IS & FINA, Year 3)
2) Vanessa VIRGINIA (FINA & IS, Year 3)
3) Natanael HADIPRODJO (FINA & IS, Year 3)

Congratulations to the winners, finalists and all the participants! Students gained valuable practical value investing experience to complement their studies in finance.

We would like to give special thanks to Chartwell Capital, especially to Mr. William TSANG, Head of Research and Portfolio Manager of Chartwell, who worked tirelessly to ensure the success of this competition. We also like to express our gratitude to Prof. Lynn PI and Prof. Ekkachai SANYASIRI, for providing support throughout the competition.

Thanks again for participating and wishing students every success in their future studies/careers!