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

Chow Tai Fook Jewellery / Equity Bottom-Up

<p>The ongoing protest in Hong Kong does not help to lift up the already dull retail sales growth in 2019. Although mainland Chinese tourists still see Hong Kong as one of the holiday and shopping destinations and have been the driving force for the healthy retail sales growth for jewelry and gold-related product sold by <a href="https://www.smartkarma.com/entities/chow-tai-fook-jewellery-group-ltd" target="_blank" data-smartkarma-citation="entities:549:1" rel="noopener">Chow Tai Fook Jewellery (1929 HK)</a> in the past, it may not continue for much longer as the protest could easily carry on for much longer and tension to escalate causing a potential hostile treatment towards mainland Chinese tourist. This could easily cause the company's SSSG in Hong Kong to carry on declining. </p><div class="content-highlight"><p>Chow Tai Fook's large market capitalization and liquidity could make it a target for a short term <strong>SHORT</strong> trading opportunity. </p></div>

The ongoing protest in Hong Kong does not help to lift up the already dull retail sales growth in 2019. Although mainland Chinese tourists still see Hong Kong as one of the holiday and shopping destinations and have been the driving force for the healthy retail sales growth for jewelry and gold-related product sold by Chow Tai Fook Jewellery (1929 HK) in the past, it may not continue for much longer as the protest could easily carry on for much longer and tension to escalate causing a potential hostile treatment towards mainland Chinese tourist. This could easily cause the company's SSSG in Hong Kong to carry on declining. Chow Tai Fook's large market capitalization and liquidity could make it a target for a short term SHORT trading opportunity. 

Hong Kong

Milan Station Holdings Limited, an investment holding company, engages in the trade, retail, and online sale of handbags, fashion accessories, and embellishments in Hong Kong, Mainland China, and Macau. It operates Milan Station and France Station retail shops that offer unused and second-hand handbags, clothing, shoes, watches, and other accessories.

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Milan Station Holdings (1150 HK)

Chow Tai Fook (1929): Protest Casualty

The ongoing protest in Hong Kong does not help to lift up the already dull retail sales growth in 2019. Although mainland Chinese tourists still...

Henry Soediarko

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52-week Range

Market Cap (USDm)

P/E

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