In today’s briefing:
- Ohayo Japan | Chip Stocks Rebound
- Japan Morning Connection: More Downside for SPE on ASML and Potential US Curbs for Huawei Suppliers
- What Is Chinese Government Waiting for to Stimulate Its Economy?
- # 65 India Insight: BlackRock Jio Financial PV, Tata Group 5 Lakh Jobs, Indian Oil Biogas Production
Ohayo Japan | Chip Stocks Rebound
- U.S. stocks surged on Wednesday, with the Dow Jones Industrial Average rising nearly 350 points (0.8%) to a record 43,077
- Chip stocks rebounded, led by Nvidia’s 3.1% recovery after ASML’s cut to its 2025 sales forecast initially dented confidence in AI-related stocks.
- Sony acquired Kinatrax, a U.S. company specializing in athlete movement analysis using high-speed cameras.
Japan Morning Connection: More Downside for SPE on ASML and Potential US Curbs for Huawei Suppliers
- US restrictions for Huawei suppliers has the potential for block exports for a variety of non-leading-edge chipmaking equipment to China.
- ASML confirms its EUV slowdown which is negative for Hoya Corp as a leading global supplier of EUV mask blanks. Lasertec -13.4% yesterday, although it may struggle to rebound
- PM Ishiba making an offering at the Yasukuni Shrine has the potential to rile China, although Japan’s tourist arrivals in Sep hit +26% above 2019 pre-CV levels.
What Is Chinese Government Waiting for to Stimulate Its Economy?
- It has become evident that Chinese economy needs stimulus. But why is it not happening? The latest by NDRC and MOF suggests US rate and presidential election are the keys;
- What has come forward in the forms of local government debt swap and bank reserve injection is similar to fueling a liquid-fueled missile. Once it starts, it can’t roll back;
- The biggest swing factor from US presidential election is the Trump Tariff, which can cut China’s GDP growth by half. The fueling hopefully can handle impact of such magnitude.
# 65 India Insight: BlackRock Jio Financial PV, Tata Group 5 Lakh Jobs, Indian Oil Biogas Production
- BlackRock and Jio Financial Discuss Private Credit Venture in India
- Tata Group to Create 5,00,000 Jobs in next Five Years
- Indian Oil and Ever Enviro Partner for Compressed Biogas Production
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
