Minth (425): Short Now if You Missed Out the Previous Time...
With the bleak outlook of auto sector in China, auto and auto parts makers will inevitably have a challenging period. Yet, Minth just had a short...
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Global Equity Strategy:Â Overweight Cyclicals
Our positive outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains intact and we believe a “buy the dip” strategy is warranted. We...
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China NEV: Subsidy Cut Deeper than Expected, Avoid BYD
2019 NEV subsidy policy announced on March 26th, which cut subsidies deeper than expected. However, as the new policy will take effect only on June...
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Screening the Silk Road: (Small-)Mid Cap Free Cash Flow
In April 2018, we published a FCF screen with the sole aim of identifying potential names which could prove to be strong candidates in a Small-Mid...
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BYD: Endless Darkness
Although its monthly sales is trending up, BYD's worst time isn't behind us yet. Completely switching to NMC battery for its EV passenger vehicles...
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