There is little doubt that Metlen’s inaugural capital markets day (CMD) at the London Stock Exchange marked a new strategic chapter for the company. Led by executive chairman and CEO, Evangelos Mytilineos, management delivered a clear message: Metlen is now a focused energy and metals business targeting €2bn in EBITDA in the medium term.

Edison recently published a note on Baillie Gifford China Growth Trust. This trust focuses on innovative, growing Chinese companies with exposure to the massive opportunities generated by China’s vast market, its positive long-term economic outlook and its transition to a more diversified, innovation-led growth model. Performance has lagged the declining market over recent years, despite the strong operational performance of most of the trust’s portfolio holdings. But its managers are cautiously optimistic, and they have been taking advantage of low valuations to enhance exposure to China’s best high-growth companies across a range of industries, including those with exposure to renewable energy, advanced semiconductors, industrial automation and other cutting-edge technologies. The trust’s shares are trading at a substantial discount to NAV, suggesting now may be a good time to gain exposure to the exciting growth opportunities available in the Chinese market.