Daily Brief Financials: Bank Of India, Shui On Land, Bank Of Japan, JPMorgan Chase & Co, Road King Infrastructure and more

• In this note, we will take a look at broker performance for Indian IPOs and placements in 2023. 
• The following dataset includes all Indian IPOs and placements above US$100m, which amounted to a total of 66 deals.
• The deals you see in this note are based on our historical IPO and placement tracker. Feel free to drop us a message for additional information.

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.

• Shui On Land
• Sunny Optical Technology Group
• Vedanta Resources
• Yuexiu Property

• In this note, we will take a look at broker performance for Japanese IPOs and placements in 2023. 
• The following dataset includes all Japanese IPOs and placements above US$100m, which amounted to a total of 32 deals.
• The deals you see in this note are based on our historical IPO and placement tracker. Feel free to drop us a message for additional information.

• JPM generated USD 38.9B in profits for the first 9 months of 2023, or about 18% of the industry total.
• Since start of 2023, JPM has outperformed S&P by 450 bps and Invesco KBW Bank ETF by a staggering 32.47%.
• Tight financial conditions, inflation, elevated rates, & lacklustre M&A activity, will hammer Q4 bank earnings. But JPM will buck the trend.

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.

• Road King Infrastructure