Quiddity Weekly H/A: Share Spreads & Southbound Flows [Week to 12 Oct 2018]
This insight is an H/A Spread Monitor Project offering a brief look at recent changes in H-Share/A-Share spreads, Southbound flow and impact, and...
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Equity Asia Weekly Research - 3 Oct 2018
THE MAIN IDEA(Relative Value Approach in USD Terms)Long Term Allocation (Strategic view) Relative Value vs MXAP in USD terms⦁ NIKKEI/MXAP: Long...
440 Views
HSBC Holdings – Turkey, Argentina Bank Data Does Not Bode Well For HSBC
Since the end of 2Q18 the TRY (USDTRY CURNCY) has depreciated a further 26% and interest rates have moved higher by 580bps. HSBC Bank Turkey has...
314 Views
China Banks – Profit Growth Is Only From Securities Gains
For the most part, China bank’s 1H18 profit growth YoY (and 2Q18 YoY) is from realized and unrealized trading gains, investment gains and fair...
268 Views
HSBC Holdings – Credit Costs In Turkey, Argentina Can Cause Group Credit Costs To Rise 3-4x
Under new IFRS 9 accounting analysts are in a totally new environment with the devaluation in Turkey and Argentina. There will be other impacts...
290 Views