Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

TRACKING TRAFFIC/Containers & Air Cargo: Volumes, Rates & Bunker All Firmer | Valuations Get Weird

TRACKING TRAFFIC/Chinese Express: Volume Growth Moderates | Pricing Stays Depressed

TRACKING TRAFFIC/ 2020 Review | 2021 Preview | Potential IPOs in Logistics, Transportation & Travel

TRACKING TRAFFIC/Chinese Express: Weak Q3 Results from ZTO & Best | Consolidation Pressures Gaining

TRACKING TRAFFIC/Containers & Air Cargo: October Rates Pop | LA Volumes Strong | Box Shortage?

TRACKING TRAFFIC/Chinese Tourism: Macau's Slog | Golden Week Fails to Shine | LNY 2021 At Risk?

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

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Bottom-Up

In this new monthly research product we introduce three Long / Short pair trade ideas in Chinese travel, Chinese express and logistics, and global container shipping. 
These pair trade ideas are based mainly on expected fundamental change in each segment over the next 6-12 months. We'll focus on Asia, but occasionally we may place non-Asian names on either side of our pair ideas. Besides examining key secular and cyclical trends in each segment, we will consider relative valuations, and we'll strive to identify key catalysts and risks for each stock. 
Broadly, the idea behind this new product is to identify and own companies we expect to profitably gain share or to reap outsized benefits from important secular and cyclical trends, then short names in the same segment that stand to lose the most to the 'winners' we select. 
We'll be back in about a month with our first updates on these three proposed pairs!

In this new monthly research product we introduce three Long / Short pair trade ideas in Chinese travel, Chinese express and logistics, and global container shipping. 
These pair trade ideas are based mainly on expected fundamental change in each segment over the next 6-12 months. We'll focus on Asia, but occasionally we may place non-Asian names on either side of our pair ideas. Besides examining key secular and cyclical trends in each segment, we will consider relative valuations, and we'll strive to identify key catalysts and risks for each stock. 
Broadly, the idea behind this new product is to identify and own companies we expect to profitably gain share or to reap outsized benefits from important secular and cyclical trends, then short names in the same segment that stand to lose the most to the 'winners' we select. 
We'll be back in about a month with our first updates on these three proposed pairs!

TRACKING TRAFFIC/Three Suggested Pair Trades in Travel, Express & Shipping

ZTO Express Cayman

TRACKING TRAFFIC/Three Suggested Pair Trades in Travel, Express & Shipping