KONE Corp Attracts Attention From China Bears – ValueWalk Premium

KONE Corp Attracts Attention From China Bears

Andreas Halvorsen opened up a new short in KONE Corporation (HEL:KNEBV), a Finnish escalator maker. Kone Corp is one of the largest cap companies in Finland, with $21 billion in market value. While this may not sound like an interesting short to many, we are betting that this position of Viking is based on a bearish call on China, an area Viking is currently focusing on. KONE Corporation (HEL:KNEBV) has a significant . . .

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