China and US Equity Analyst

Roger Xie

10 year investment experience on public and private equity. Deep-dive fundamental research. Specialize in China and US market.

HKEx (388.HK): Aftermath of Epic Short Squeeze of Nickel Future

HKEx (388.HK): Nickel Short Squeeze Saga Backlash over LME Credibility

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

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/hong-kong-exchanges-clearing" target="_blank" data-smartkarma-citation="entities:490:1" rel="noopener">HKEX (388 HK)</a> core businesses such as cash market and stock connect remain robust against the backdrop of relatively low expectation.</li>
<li>Mark-To-Market investment loss underscored the volatile fixed income market, we expect the negative impact will continue into 2Q22 as the shift in rate environment.</li>
<li>MSCI China A50 future continues its rapid ramp-up, ADV is up 86% quarter-over-quarter. Overall future trading is strong, ADV is up 39% quarter-over-quarter.</li>
</ul>



HKEX (388 HK) core businesses such as cash market and stock connect remain robust against the backdrop of relatively low expectation.
Mark-To-Market investment loss underscored the volatile fixed income market, we expect the negative impact will continue into 2Q22 as the shift in rate environment.
MSCI China A50 future continues its rapid ramp-up, ADV is up 86% quarter-over-quarter. Overall future trading is strong, ADV is up 39% quarter-over-quarter.


HKEx (388.HK): Resilient 1Q22 Earning Results Better than Feared