Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>Big capex plans for Google and good numbers for SK Hynix setting strong tone for AI related.</li>
<li>Momo names slid yesterday, although Ishiba heading for door may pressure heavies further.</li>
<li>Autos squeezed hard yesterday, but there should be more upside for names with elevated SI still.</li>
</ul>


Big capex plans for Google and good numbers for SK Hynix setting strong tone for AI related.
Momo names slid yesterday, although Ishiba heading for door may pressure heavies further.
Autos squeezed hard yesterday, but there should be more upside for names with elevated SI still.


Japan Morning Connection: US Liking JP and Expected EU Trade Deals, Expect Flows Back in Tech

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/chery-automobile-co-ltd-3fd31c4e-aba6-43af-bdf8-c5a7af8cf9b2" target="_blank" data-smartkarma-citation="entities:44473:1" rel="noopener">Chery Automobile</a> raised around US$1.2bn in its Hong Kong IPO. The lockup on its pre-IPO investors is set to expire soon.</li>
<li>Chery Auto is a Chinese passenger vehicle company which designs, develops, manufactures and sells passenger vehicles, including internal combustion engine vehicles and new energy vehicles, both domestically and overseas.</li>
<li>In this note, we will talk about the lockup dynamics and possible placement.</li>
</ul>



Chery Automobile raised around US$1.2bn in its Hong Kong IPO. The lockup on its pre-IPO investors is set to expire soon.
Chery Auto is a Chinese passenger vehicle company which designs, develops, manufactures and sells passenger vehicles, including internal combustion engine vehicles and new energy vehicles, both domestically and overseas.
In this note, we will talk about the lockup dynamics and possible placement.


Aequitas: Chery Auto IPO Lockup - US$8bn Pre-IPO Release

<ul>
<li>NVDA opening its AI ecosystem to the likes of Fujitsu and Qualcomm.</li>
<li>Intel's make-or-break 18A process Panther lake seems to be well received at first look.</li>
<li>Toyota announces Y3trn worth of loans for its Y6trn Industries acquisition, removing concerns for raise.</li>
</ul>


NVDA opening its AI ecosystem to the likes of Fujitsu and Qualcomm.
Intel's make-or-break 18A process Panther lake seems to be well received at first look.
Toyota announces Y3trn worth of loans for its Y6trn Industries acquisition, removing concerns for raise.


Japan Morning Connection: Computex Fails to Excite, but Dip Buyers Stepping in OTD

Japanese Turnaround Situations, Short-Ideas, Azabu Research

Michael Allen

Japanese Turnaround Situations, Short-Ideas

Azabu Research

Azabu Research is a publishing and consulting firm focused on distressed equities in the Japanese market. We specialize in turnaround strategies, corporate combinations, divestitures, and restructuring.

Publisher of the Tokyo Turnaround Letter, which conducts the most thorough research possible of publicly available information, including forensic tests for fraudulent overstatement of assets and understatement of liabilities, as well as rigorous market and industry analysis to assess the underlying strengths of the company’s products or services, the appropriateness of the company’s turnaround strategy, and the skill of its current management team. The average length of a report exceeds 25 pages of text and tables, excluding any disclosures or executive summaries.

We have more than 30 years of experience in applying this process to distressed equities in Japan. Additionally, subscribers have free access to detailed, yet easily navigated earnings models for the target company as well as the top five comparable companies, and unlimited access to the analyst for follow-up questions.

Azabu Research also conducts be-spoke research on a project basis, and provides consulting services to companies looking to restructure, divest, make acquisitions, go public, or improve investor sentiment toward their stock.

Independent Research and Consulting Firm

<ul>
<li>Japan is sending a delegation of top trade negotiators to the U.S, but both sides are making the same mistakes that led to WWII.</li>
<li>I asked Grok to use game theory to map out the most likely scenarios for how Japanese and U.S. governments might avoid the worst-case scenario. </li>
<li>According to Grok, both sides have a strong motivation to delay any agreement no matter what the other side offers.</li>
</ul>


Japan is sending a delegation of top trade negotiators to the U.S, but both sides are making the same mistakes that led to WWII.
I asked Grok to use game theory to map out the most likely scenarios for how Japanese and U.S. governments might avoid the worst-case scenario. 
According to Grok, both sides have a strong motivation to delay any agreement no matter what the other side offers.


Rubber News Specialist, Helixtap

Vinod Nedumudy

Rubber News Specialist

Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

Commodities

<ul><li> Components crossing US–Mexico–Canada corridor face disruption  </li><li> Reshoring production to US would involve multi-year lead times  </li><li>USTMA expects U.S. tire shipments of 340.4 million units in 2025</li></ul>

 Components crossing US–Mexico–Canada corridor face disruption   Reshoring production to US would involve multi-year lead times  USTMA expects U.S. tire shipments of 340.4 million units in 2025

Tariff Part II: Canada-Mexico Web Ensnares US; USTMA Projects Higher Volume

Japan

Toyota Motor Corporation manufactures, sells, leases, and repairs passenger cars, trucks, buses, and their related parts worldwide. The Company also operates financing services through their subsidiaries. Toyota Motor builds homes, produces pleasure boats, and develops intelligent transportation systems including radar cruise control and electronic toll collection systems.

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Toyota Motor (7203 JP)

Japan Morning Connection: US Liking JP and Expected EU Trade Deals, Expect Flows Back in Tech

With reversal from momentum and Ishiba's resignation, defense names may drop further. Autos may have plenty more upside despite big moves yesterday.

Andrew Jackson

Aequitas: Chery Auto IPO Lockup - US$8bn Pre-IPO Release

Chery Automobile raised around US$1.2bn in its Hong Kong IPO. The lockup on its pre-IPO investors is set to expire soon.

Sumeet Singh

Japan Morning Connection: Computex Fails to Excite, but Dip Buyers Stepping in OTD

May be further upside for Fujitsu following NVDA NVLink announcement, Intel's new product recieves positive feedback, Toyota discussing loan for...

Andrew Jackson

Will Japan's Trade-War Gamble Pay Off?

Japan's top trade negotiators are on their way to Washington, but both sides are at risk of repeating WWII mistakes. I asked Grok to use game...

Michael Allen

Tariff Part II: Canada-Mexico Web Ensnares US; USTMA Projects Higher Volume

The U.S. auto sector is entering a phase of heightened volatility as the Trump administration moves to unwind federal incentives for...

Helixtap

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52-week Range

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Japan Morning Connection: US Liking JP and Expected EU Trade Deals, Expect Flows Back in Tech

With reversal from momentum and Ishiba's resignation, defense names may drop further. Autos may have plenty more upside despite big moves yesterday.

Andrew Jackson

Aequitas: Chery Auto IPO Lockup - US$8bn Pre-IPO Release

Chery Automobile raised around US$1.2bn in its Hong Kong IPO. The lockup on its pre-IPO investors is set to expire soon.

Sumeet Singh

Japan Morning Connection: Computex Fails to Excite, but Dip Buyers Stepping in OTD

May be further upside for Fujitsu following NVDA NVLink announcement, Intel's new product recieves positive feedback, Toyota discussing loan for...

Andrew Jackson

Will Japan's Trade-War Gamble Pay Off?

​Japan's top trade negotiators are on their way to Washington, but both sides are at risk of repeating WWII mistakes. I asked Grok to use game...

Michael Allen

Tariff Part II: Canada-Mexico Web Ensnares US; USTMA Projects Higher Volume

​​​​​​​The U.S. auto sector is entering a phase of heightened volatility as the Trump administration moves to unwind federal incentives for...

Helixtap

Japan's top trade negotiators are on their way to Washington, but both sides are at risk of repeating WWII mistakes. I asked Grok to use game...

The U.S. auto sector is entering a phase of heightened volatility as the Trump administration moves to unwind federal incentives for...