Chief Economist

Diana Choyleva

Enodo Economics

Enodo Economics is an independent macroeconomic forecasting company that untangles complexity, challenges the consensus, and makes sense of the future. Our focus is on China – one of the most misunderstood economies in the world, but one of the most important to figure out.  Enodo’s chief economist, Diana Choyleva, has been analysing China for almost 20 years, while Enodo’s team boasts a combined 140 years’ experience covering China’s economy, politics and markets. 

Macroeconomics

<h2>China News That Matters</h2>
<ul>
<li>Big in Japan</li>
<li>Huawei on stage as digital iron curtain falls </li>
<li>Milk not Merc: cautious consumers disappoint</li>
<li>Just not worth it in the end</li>
<li>Record-breaking bonds boost growth </li>
</ul>
<div class="content-remarks">
In my weekly digest China News That Matters, I will give you selected summaries, sourced from a variety of local Chinese-language and international news outlets, and highlight why I think the news is significant. These posts are meant to neither be bullish nor bearish, but help you separate the signal from the noise.
</div>

China News That Matters

Big in Japan
Huawei on stage as digital iron curtain falls 
Milk not Merc: cautious consumers disappoint
Just not worth it in the end
Record-breaking bonds boost growth 


In my weekly digest China News That Matters, I will give you selected summaries, sourced from a variety of local Chinese-language and international news outlets, and highlight why I think the news is significant. These posts are meant to neither be bullish nor bearish, but help you separate the signal from the noise.


G-20/Tech War/Consumption/Carrefour Quits/Bonds

Expert on Japan Retail and Consumer Markets, JapanConsuming

Michael Causton

Expert on Japan Retail and Consumer Markets

Real Insight on Japanese Consumer Markets

JapanConsuming

JapanConsuming is a specialist research firm producing intelligence on Japanese retail and consumer markets. Founded in 2000, JapanConsuming has become the leading provider of insights on Japanese retailers and consumer trends to retailers, brands, government agencies and investors. As well as a highly regarded monthly report on the market, JapanConsuming produces in-depth reports on retail sectors, seminars on key trends and telephone consulting to investors on trends and retailers.

JapanConsuming was founded by Michael Causton and Roy Larke. 

Thematic (Sector/Industry)

<a href="https://www.smartkarma.com/insights/japanese-retailing-the-big-disruption-and-opportunity-in-the-next-5-years" target="_blank" rel="noopener">In a previous Insight</a>, we detailed the reasons why Japanese consumer markets will face the biggest upheaval in the last 50 years, if not ever. As well as the pressures of e-commerce, Japan will have to deal with a rapidly ageing and contracting population as well as serious labour shortages.No other market will face all three pressures to such an extent as Japan. The result will be a culling of inefficiencies in the distribution sector and the emergence of a new breed of highly efficient retailers.In this Insight, we detail which retail sectors will win and which will lose.

In a previous Insight, we detailed the reasons why Japanese consumer markets will face the biggest upheaval in the last 50 years, if not ever. As well as the pressures of e-commerce, Japan will have to deal with a rapidly ageing and contracting population as well as serious labour shortages.No other market will face all three pressures to such an extent as Japan. The result will be a culling of inefficiencies in the distribution sector and the emergence of a new breed of highly efficient retailers.In this Insight, we detail which retail sectors will win and which will lose.

Winners and Losers in Japanese Retailing in the Next 5-10 Years

Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

As one of the country equipped with high speed internet, Singaporean have enjoyed the benefit of being able to watch TV in their mobile gadgets ( <a href="https://www.smartkarma.com/entities/netflix-inc" target="_blank" data-smartkarma-citation="entities:20451:1" rel="noopener">Netflix Inc (NFLX US)</a> , Toggle, Starhub and Singtel TV) but what do they really want to watch? In this insight, we will discuss the following:<ol>
<li>Revenues Breakdown</li>
<li>Competitive landscape - online player</li>
<li>Kids TV</li>
<li>The real Edge</li>
<li>Verdict for Pay TV </li>
</ol>

As one of the country equipped with high speed internet, Singaporean have enjoyed the benefit of being able to watch TV in their mobile gadgets ( Netflix Inc (NFLX US) , Toggle, Starhub and Singtel TV) but what do they really want to watch? In this insight, we will discuss the following:
Revenues Breakdown
Competitive landscape - online player
Kids TV
The real Edge
Verdict for Pay TV 


Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Event-Driven

HK reported Nexon deal cancellation this morning. Yes, HK is a credible source. Especially when it comes to this Nexon deal, HK has been the most credible source. HK quoted an unnamed banker as saying that KJJ himself made a cancellation decision and Nexon will notify those in the short list of KJJ's decision soon.<a href="https://www.hankyung.com/economy/article/201906269569i" target="_blank" rel="noopener"></a>

HK reported Nexon deal cancellation this morning. Yes, HK is a credible source. Especially when it comes to this Nexon deal, HK has been the most credible source. HK quoted an unnamed banker as saying that KJJ himself made a cancellation decision and Nexon will notify those in the short list of KJJ's decision soon.

KJJ Cancelling Nexon Deal: News Credibility, Reasons & Possible Nexon Breakup?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

The S&amp;P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news ahead of the Trump/Xi G20 meeting later this week. While a breakout is certainly possible, we believe additional consolidation is the more likely scenario. In today's report we highlight a mix of positive and negative developments which lead us to this conclusion along with updates on other big picture trends. Also highlighted are attractive Groups and stocks within Materials, Health Care, and Utilities: Gold, Western Hemisphere, Cardiovascular Products, and Gas, Midwest.

The S&amp;P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news ahead of the Trump/Xi G20 meeting later this week. While a breakout is certainly possible, we believe additional consolidation is the more likely scenario. In today's report we highlight a mix of positive and negative developments which lead us to this conclusion along with updates on other big picture trends. Also highlighted are attractive Groups and stocks within Materials, Health Care, and Utilities: Gold, Western Hemisphere, Cardiovascular Products, and Gas, Midwest.

U.S. Dollar Breaking Down; Gold Breaking Out

United States

Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company's products include books, music, videotapes, computers, electronics, home and garden, and numerous other products.  Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.

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Amazon.com Inc (AMZN US)

G-20/Tech War/Consumption/Carrefour Quits/Bonds

China News That Matters Big in Japan Huawei on stage as digital iron curtain falls Milk not Merc: cautious consumers disappoint Just not worth it...

Diana Choyleva

Winners and Losers in Japanese Retailing in the Next 5-10 Years

In a previous Insight, we detailed the reasons why Japanese consumer markets will face the biggest upheaval in the last 50 years, if not ever. As...

Michael Causton

Starhub (STH): Pay TV Singapore

As one of the country equipped with high speed internet, Singaporean have enjoyed the benefit of being able to watch TV in their mobile gadgets (...

Henry Soediarko

KJJ Cancelling Nexon Deal: News Credibility, Reasons & Possible Nexon Breakup?

HK reported Nexon deal cancellation this morning. Yes, HK is a credible source. Especially when it comes to this Nexon deal, HK has been the most...

Sanghyun Park

U.S. Dollar Breaking Down; Gold Breaking Out

The S&P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news...

Vermilion Research

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