In today’s briefing:
- [Blue Lotus Daily]: 1211HK/XPEV/NIO/LI/000625 CH/0175 HK/601127 CH/9863 HK/9926 HK/ACMR
- Japan Weekly | Market on Fire; Dalton Deploying Dollars
- [Blue Lotus Daily – TMT Update]: 700 HK/3690 HK/JD/VIPS/1519 HK/BABA/PDD/ZTO/600233 CH/002120 CH
- Auctus on Friday – 12/01/2024
[Blue Lotus Daily]: 1211HK/XPEV/NIO/LI/000625 CH/0175 HK/601127 CH/9863 HK/9926 HK/ACMR
- 1211HK/XPEV/NIO/LI/000625 CH/0175 HK/601127 CH/9863 HK: Hyper Auto announces free charging for owners(-)
- 9926 HK: Akeso submits new indication application for Cardonilimab BsAb treatment of gastric cancer (+)
- ACMR : ACM Research publishes 2024 revenue outlook ( + )
Japan Weekly | Market on Fire; Dalton Deploying Dollars
- The Nikkei surged over 2,200 points, or +6.6%, this week, outperforming global markets
- Strong results from Fast Retailing (+13% wow) and a sharp move higher for gaming heavyweight Nintendo (+13%) key stocks behind the index move
- Activist Dalton and its listed fund have been very active in the past week, adding to seventeen positions
[Blue Lotus Daily – TMT Update]: 700 HK/3690 HK/JD/VIPS/1519 HK/BABA/PDD/ZTO/600233 CH/002120 CH
- JD/VIPS/1519.HK/BABA/PDD/ZTO/600233 CH/002120 CH/002468 CH: Beijing parcel deliveries impacted by regulations on three-wheel cars (+/+/-)
- 700 HK: ByteDance in Talks with Tencent on Gaming Business Acquisition and Enhanced Cooperation（+）
- 3690 HK/ByteDance: Douyin local life is testing “free trial”, accumulating graphic and text content.(-)
Auctus on Friday – 12/01/2024
- ADX Energy (ADX AU) C ; target price of A$0.65 per share: Closing new farm-out transaction with MND/Amendment of agreement for Welchau farmout – The farm-out of 50% economic interest in a part of the ADX-AT-I licence has been completed and ADX has received EUR0.45 mm from MND for back costs payments. MND will fund EUR4.5 mm for exploration drilling.
- ADX and MND currently intend to drill either the LICHT or the IRR gas exploration prospect during 2H24.
- ADX also announced that the farm-out agreement with MCF Energy regarding Welchau has been amended.
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