Rakuten Group (Neutral) - Credit Downgrade, Network Delays as Company Enters Toughest Stretch
Shares are down 8% after a credit downgrade and reports of a delay in network expansion. The latter is most relevant and keeps us cautious. We have...
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Seiyu: Back in the Mainstream Thanks to Rakuten
Online is only 3% of food retail in Japan but this is about to change fast. Amazon leads in this race but Rakuten is about to catch up through...
235 Views
Bukalapak IPO: Valuation Insights
Bukalapak will price its IPO at the top-end of its indicative price range of Rp750-850 per share, according to press reports. Our valuation...
311 Views
Bukalapak IPO Initiation: Island Shopping
Bukalapak has increased its IPO size by about a third to $1.5 billion due to strong demand. Its fundamentals tick all the right boxes of rising...
287 Views
Asia Shorts: Cosco Ship, Kuaishou, Pop Mart, WuXi, Takeda, Kirin, Monex, HMM, NC Soft, Yang Ming
The Insight looks at large short interest movements across HK, Japan, Korea and Taiwan stocks and highlights large increases/decreases in shorts to...
258 Views