Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

Nissin Food (1475): HK COVID-19 - Reversal of WFH Vs Going Out

Cafe De Coral (341): Still Unfazed by the New Restriction

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Thematic (Sector/Industry)

Hong kong Food and staples retailing / Thematic (Sector/Industry)

<p>The recent lockdown in Hong Kong proves that unless everyone is vaccinated, the risk of a lockdown remains. Although it is over within 48 hours, the HK SAR government does not rule out the possibility of similar actions taking place in the future. </p>
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<p>For Long Only Investor - Going long <a href="https://www.smartkarma.com/entities/nissin-foods-co-ltd" target="_blank" data-smartkarma-citation="entities:26062:1" rel="noopener">Nissin Foods (1475 HK)</a> may not a superior return especially when Hong Kong is in the second outbreak but it will serve as a hedge when another lockdown is proposed.</p>
<p>For Long Short Investor - <a href="https://www.smartkarma.com/entities/cafe-de-coral-holdings-ltd" target="_blank" data-smartkarma-citation="entities:2568:1" rel="noopener">Cafe De Coral Holdings (341 HK)</a> is well known to be the go-to tea house for Hong Kong residents thus a lockdown in a few places will affect their business which means slower recovery and their home delivery service is not exactly performing well either. </p>
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The recent lockdown in Hong Kong proves that unless everyone is vaccinated, the risk of a lockdown remains. Although it is over within 48 hours, the HK SAR government does not rule out the possibility of similar actions taking place in the future. 

For Long Only Investor - Going long Nissin Foods (1475 HK) may not a superior return especially when Hong Kong is in the second outbreak but it will serve as a hedge when another lockdown is proposed.
For Long Short Investor - Cafe De Coral Holdings (341 HK) is well known to be the go-to tea house for Hong Kong residents thus a lockdown in a few places will affect their business which means slower recovery and their home delivery service is not exactly performing well either. 


HK Lockdown Ideas: Long Nissin Food and Short Cafe De Coral