Established as a trading company in 1832, the firm boasts a storied history encompassing its controversial role in the opium trade and resilience before and after World War II. In 1961, it achieved a listing on the Hong Kong Stock Exchange, with its IPO oversubscribed by 56 times.
As the global economy trundles on with its sustained recovery, Jardine Matheson Holdings (SGX:J36
) (JMH) stands out as a potential winner among recovery plays in 2024.
JMH is a Hong Kong-based conglomerate with diverse businesses in retail, hospitality, engineering and automotive sectors across Asia.
