Elevator Pitch
I maintain my "Neutral" rating on Hong Kong-listed global family nutrition and wellness company Health and Happiness International Holdings Limited (OTC:BTSDF) [1112:HK], or H&H.
Investors were worried about potential supply chain disruptions and a possible breach of the company's debt covenants as a result of the coronavirus outbreak, but such concerns have been addressed. H&H has not witnessed significant disruptions to the company's supply chain, and the company has also stocked-up months of inventories as a buffer. H&H net gearing was a relatively high 69% as of end-FY2019, but the company