In today’s briefing:
- Ohayo Japan | S&P Slips as Economic Uncertainty Grows
- Hong Kong/China Brokers: TAKE THE OFFER!
- Japan Morning Connection: Memory Related in Focus After Knock-Out Numbers for Micron.
- [Blue Lotus Daily]:MNSO US/BEKE US/LKNCY US/XPEV US / LI US/ NIO US/1211 HK/NIO US /1810 HK/
- # 62 India Insight: HDFC Bank Plans INR 60K Loan Sale, L&T Order, NHPC INR 2,300 Crore Expansion
- [Blue Lotus Daily-TMT Update]:JD US/1810 HK/BABA/BILI/PDD/1519HK/ZTO /SE/700HK/BIDU/20HK/3690HK
Ohayo Japan | S&P Slips as Economic Uncertainty Grows
- US stocks closed mixed on Wednesday after hitting all-time highs. The S&P 500 dipped 0.2%, reversing earlier gains, while the Nasdaq finished flat.
- Micron’s stock rose 10% in after-hours trading following a strong earnings report.
- ValueAct Capital, a U.S. activist investment fund, has acquired a 5.94% stake in Sanwa Holdings
Hong Kong/China Brokers: TAKE THE OFFER!
- China considers launching a stock stabilization fund which could release RmB800B in liquidity support for the market. Securities firms and insurance companies will be the major beneficiaries.
- The mega merger between Haitong Securities Co Ltd (H) (6837 HK) and Guotai Junan Securities (2611 HK) could be the precursor to further industry consolidation.
- Hong Kong trading volumes and IPO’s set to surge as Beijing lifts sentiment.
Japan Morning Connection: Memory Related in Focus After Knock-Out Numbers for Micron.
- Memory names with high exposures to Micon such as Micronics will be back in focus.
- Microsoft paying overs for stable nuclear energy should put the spotlight back onto UPS and help lift Fuji Electric once again.
- Capcom’s Monster Hunter Wilds looks fully priced and with the TGS about to come and go this this weekend, further catalysts are lacking with the stock close to ATH.
[Blue Lotus Daily]:MNSO US/BEKE US/LKNCY US/XPEV US / LI US/ NIO US/1211 HK/NIO US /1810 HK/
- MNSO US: MINISO Acquires 29.4% Stake in Yonghui Superstores for RMB6.3 Billion, Becoming Its Largest Shareholder(-)
- BEKE US:Stimulus monetary policies bodes well for real estate and consumption(+)
- BEKE US:Chongqing Agency Decco Real Estate Joins Beike, Bodes Well for Market Share Gains(+)
# 62 India Insight: HDFC Bank Plans INR 60K Loan Sale, L&T Order, NHPC INR 2,300 Crore Expansion
- L&T Secures Rs 10,000-15,000 Crore Order in the Middle East
- Power Grid Corporation Shares Rise After Winning Key Transmission Projects
- NHPC to Raise INR 2,300 Crore for Expansion through Securitization
[Blue Lotus Daily-TMT Update]:JD US/1810 HK/BABA/BILI/PDD/1519HK/ZTO /SE/700HK/BIDU/20HK/3690HK
- JD US/1810 HK/BABA US:NRDC announces positive results for “old-for-new” trade-in during September (+)
- BILI US:Bilibili’s <Three Kingdoms: MDTX> Shows Robust Gross Billings Performance After Season 3 Update (+)
- PDD US/BABA US/JD US: PDD reduces the minimum withdrawal threshold for funds (/)
💡 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
