In today’s briefing:
- Northbound Flows (Sep 22nd): BYD, CATL, Zijin Mining, Mindray
- Hong Kong Connect Flows (Sep 22nd): China Mobile, ICBC, Innovent Biologics
- A-H Premium Weekly (Sep 22nd): Wuapptec Co Ltd, Fuyao Glass Industry, Tianqi Lithium Corporation
- EQD | HSI WEEKLY Bounce Will Face These Resistance Levels
- EQD | VIX Index WEEKLY: Has Volatility Already Peaked?
- HK Short Interest Weekly: Innovent Bio, Trip.Com, Nio, Baba, Zto Express, HSBC
Northbound Flows (Sep 22nd): BYD, CATL, Zijin Mining, Mindray
- We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine for holding position as of September 22nd.
- We estimate the weekly inflows to be US$47.4 million, led by consumer discretionary, information technology, financials sectors, and offset by materials, health care.
- We highlight flows for BYD, CATL, Zijin Mining and Mindray.
Hong Kong Connect Flows (Sep 22nd): China Mobile, ICBC, Innovent Biologics
- We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of September 22nd.
- The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.
- We highlight flows for China Mobile, ICBC and Innovent Biologics.
A-H Premium Weekly (Sep 22nd): Wuapptec Co Ltd, Fuyao Glass Industry, Tianqi Lithium Corporation
- We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 115.7% as of Sep 22nd.
- The average A-H premium changed by -1.1ppt week on week, led by energy, industrials, communication services and offset by consumer discretionary.
- We highlight weekly changes in A-H premium for Wuapptec Co Ltd, Fuyao Glass Industry, Tianqi Lithium Corporation.
EQD | HSI WEEKLY Bounce Will Face These Resistance Levels
- The Hang Seng Index is approaching WEEKLY OVERSOLD territory, but it is in a clear downtrend, so when it bounces it could be a good occasion to go SHORT.
- The trade can be placed between this week and the next 2 weeks, with this week and the next being the most probable time for the reversal to happen.
- Based on MRM WEEKLY model readings, the target price area where to enter the SHORT trade is 18553-19494.
EQD | VIX Index WEEKLY: Has Volatility Already Peaked?
- The VIX INDEX last week reversed up and briefly touched 17, it’s OVERBOUGHT according to MRM WEEKLY SHORT model.
- VIX Index could pull back a bit this week, then go up again, but not much higher than 18. Volatility should end this coming week, or early the following week.
- WEEKLY and MONTHLY OVERSOLD MRM reading on global markets suggest an imminent bounce, possibly a lasting MONTHLY bounce – unless all of a sudden the market enters a Bear Market.
HK Short Interest Weekly: Innovent Bio, Trip.Com, Nio, Baba, Zto Express, HSBC
- We analyzed the latest HK SFC report for aggregate short position as of Sep 15th.
- Top short increases and decreases were tabulated for one week and four week period.
- We highlight short changes in Innovent Bio, Trip.Com, Nio, Baba, Zto Express, HSBC.
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