Guangshen Railway
Moat Rating: Narrow
Fair Value Uncertainty Rating: Medium
Morningstar Rating: 5 Stars
From the Analyst Report: "We think Guangshen Railway (NYSE:GSH - News), or GR, can enjoy economic profits and steady revenue growth, given its dominant market position in the Pearl River Delta of south China... Owning the only railway connecting mainland China and Hong Kong, GR's railway network covers the Pearl River Delta, the economic hub in south China, offering a strong environment for steady growth. Further, we think it is highly unlikely that the Chinese government will allow another railroad to be built and compete with GR."