In today’s briefing:
- Japan Weekly | Real Estate Inflates; Nidec Benefits from AI
- [Blue Lotus Daily]300274SZ/300750SZ/LI/NIO/1211HK/Huazhu/Atour/XPEV/9926 HK
- AUCTUS ON FRIDAY – 15/03/2024
- Tech Talk – WTR Technology Conference – AI and Crypto
Japan Weekly | Real Estate Inflates; Nidec Benefits from AI
- The Nikkei and Topix indexes surged by 5.63% and 5.33% reaching all-time highs
- Real Estate majors were the biggest movers in Japan. Beneficiaries of higher inflation and continuation of easy monetary policy
- Nidec is reinventing itself again. EV traction motors will remain a core driver, but investors can now get excited by the AI thematic
[Blue Lotus Daily]300274SZ/300750SZ/LI/NIO/1211HK/Huazhu/Atour/XPEV/9926 HK
- 300274SZ/300750SZ/LI/NIO/1211HK: Jan+Feb new energy export data show that wind power is picking up, and inverters has reached inflection point, while lithium batteries and electric vehicles are exchanging prices for volume(+/-/-/-/-)
- Huazhu/Atour: Huazhu guided conservative RevPAR outlook for 2024, citing weak business travel demand.（-）
- LI/1211 HK/XPEV/NIO: In 2024’s 11th week, BYD continued to accelerate while fell back, yet the overall acceleration of new energy vehicles bodes well for the whole year (/)
AUCTUS ON FRIDAY – 15/03/2024
- ADX Energy (ADX AU) C ; target price of A$1.00 per share: Very high impact exploration well encounters gas and condensate in Austria – The Welchau well (ADX WI: 75%) encountered 115 m of liquids-rich gas shows in the primary target formation (Steinalm Formation) between 1452 m and 1567 m.
- The deepest gas shows were encountered at a depth of 1645 m.
- The well has reached TD at 1733 m. The Steinalm Formation intersection in the well is in line with the pre-drill prognosis.
Tech Talk – WTR Technology Conference – AI and Crypto
- Artificial intelligence (AI) is all the buzz, but for good reason.
- AI is being used to automate and optimize many tasks previously thought to be beyond computers.
- WTR will be hosting a hybrid conference on April 10-11 in New York City to discuss how AI can propel the business prospects of smaller companies.
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