Blue Lotus China New Economy Research, Blue Lotus Research Institute

Eric Wen

Blue Lotus China New Economy Research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>BEKE US: Visiting volume surged in the first weekend after new stimulus, and transactions increased slightly.（+）</li>
<li>300274 SZ/1211 HK/300750 SZ/LI US/XPEV US/NIO US:  Except for electric vehicles, new energy exports in April were hardly positive, indicating that capturing consumers is the key to offsetting geopolitical restrictions(///////////)</li>
<li>BEKE US: Sluggish New Home Sales Prompt the PBOC to Introduce Further Stimulus Policies. (+)</li>
</ul>


BEKE US: Visiting volume surged in the first weekend after new stimulus, and transactions increased slightly.（+）
300274 SZ/1211 HK/300750 SZ/LI US/XPEV US/NIO US:  Except for electric vehicles, new energy exports in April were hardly positive, indicating that capturing consumers is the key to offsetting geopolitical restrictions(///////////)
BEKE US: Sluggish New Home Sales Prompt the PBOC to Introduce Further Stimulus Policies. (+)


[Blue Lotus Daily]:BEKE US/300274 SZ/1211 HK/300750 SZ/LI US/XPEV US/NIO US/1810 HK/BIDU US

Blue Lotus Non US Internet research, Blue Lotus Research Institute

Ying Pan

Blue Lotus Non US Internet research

<ul>
<li>NTES US : NetEase's &lt;Marvel Rivals&gt; has commenced its first round of testing, with players providing positive feedback.（+）</li>
<li>4689 JP/4755 JP/4385 JP: PayPay QR-code system crashed for three hours (-/+/+)</li>
<li>BABA US /BIDU US/700 HK: China's generative AI starts price war mode, led by ByteDance and High-Flyer（/////）</li>
</ul>


NTES US : NetEase's &lt;Marvel Rivals&gt; has commenced its first round of testing, with players providing positive feedback.（+）
4689 JP/4755 JP/4385 JP: PayPay QR-code system crashed for three hours (-/+/+)
BABA US /BIDU US/700 HK: China's generative AI starts price war mode, led by ByteDance and High-Flyer（/////）


[Blue Lotus Daily - TMT Update]:NTES US/4689 JP/4755 JP/4385 JP/BABA US /BIDU US/700 HK

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Cross Asset Strategy

<ul><li>Technically, we expect the SET Index to move sideways down, with the support at 1,363/1,354 points (1/2 and 1/3 of the Fibonacci range of 1,325-1,404 points) and the resistance at 1,375/1,380 points (50-day EMA/75-day EMA).</li><li>Overall, the index is still moving in an upward trend toward testing the resistance of the downchannel range at 1,394/1,404 points.</li><li>Today, there is a chance that the index will weaken and test the support; there would be a new sell signal if it sinks below the key support at 1,350 points.</li></ul>

Technically, we expect the SET Index to move sideways down, with the support at 1,363/1,354 points (1/2 and 1/3 of the Fibonacci range of 1,325-1,404 points) and the resistance at 1,375/1,380 points (50-day EMA/75-day EMA).Overall, the index is still moving in an upward trend toward testing the resistance of the downchannel range at 1,394/1,404 points.Today, there is a chance that the index will weaken and test the support; there would be a new sell signal if it sinks below the key support at 1,350 points.

Podcast of business and financial stories, Behind the Money

Behind the Money

Podcast of business and financial stories

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world.

<ul><li>Series of mysterious and unexplained stock market crashes involving major companies like Viacom, Discovery, Tencent, and Baidu</li><li>A little-known family office called Archegos Capital Management led by Bill Hwang is revealed to be the mastermind behind the chaos</li><li>Bill Hwang's past involvement in hedge fund scandals and illegal activities sheds light on the criminal nature of the implosion of Archegos Capital Management</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

Series of mysterious and unexplained stock market crashes involving major companies like Viacom, Discovery, Tencent, and BaiduA little-known family office called Archegos Capital Management led by Bill Hwang is revealed to be the mastermind behind the chaosBill Hwang's past involvement in hedge fund scandals and illegal activities sheds light on the criminal nature of the implosion of Archegos Capital ManagementThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

<ul>
<li>700 HK: Tencent's "Dungeon &amp; Fighter Mobile" is officially scheduled to be released on May 21st.(+)</li>
<li>3690 HK/TCOM US: Meituan and Ctrip revenue growth may lower than industry average, indicating intensified competition.(-/-)</li>
<li>BIDU US: Baidu ADS sets revenue and profit indicators for Robotaxi（/）</li>
</ul>


700 HK: Tencent's "Dungeon &amp; Fighter Mobile" is officially scheduled to be released on May 21st.(+)
3690 HK/TCOM US: Meituan and Ctrip revenue growth may lower than industry average, indicating intensified competition.(-/-)
BIDU US: Baidu ADS sets revenue and profit indicators for Robotaxi（/）


[Blue Lotus Daily - TMT Update]:700 HK/3690 HK/TCOM US/BIDU US/MNSO US/PDD US/BABA US/NTES US

China

Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, news, MP3, and image searches, voice assistance, online storage, and navigation services. Baidu serves clients globally.

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Baidu (BIDU US)

[Blue Lotus Daily]:BEKE US/300274 SZ/1211 HK/300750 SZ/LI US/XPEV US/NIO US/1810 HK/BIDU US

Visiting volume surges after stimulus, new energy exports struggle, PBOC introduces more stimulus for sluggish new home sales.

Blue Lotus Research Institute

[Blue Lotus Daily - TMT Update]:NTES US/4689 JP/4755 JP/4385 JP/BABA US /BIDU US/700 HK

NetEase's receives positive feedback during first round of testing, PayPay QR-code system crashes for three hours in Japan.China's generative AI...

Blue Lotus Research Institute

Today's Dominant Ideas

Technically, we expect the SET Index to move sideways down, with the support at 1,363/1,354 points (1/2 and 1/3 of the Fibonacci range of...

Krungthai XSpring

Was the Archegos implosion illegal?

The Archegos Capital Management scandal reveals how one man's actions can have a significant and unexpected impact on the financial markets,...

Behind the Money

[Blue Lotus Daily - TMT Update]:700 HK/3690 HK/TCOM US/BIDU US/MNSO US/PDD US/BABA US/NTES US

USTR initiates section 301 investigations on China Maritime and logistics,.Meituan Promotes Marketing Tool "Divine Membership" <blood strike> has...

Blue Lotus Research Institute

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[Blue Lotus Daily]:BEKE US/300274 SZ/1211 HK/300750 SZ/LI US/XPEV US/NIO US/1810 HK/BIDU US

​Visiting volume surges after stimulus, new energy exports struggle, PBOC introduces more stimulus for sluggish new home sales.

Blue Lotus Research Institute

[Blue Lotus Daily - TMT Update]:NTES US/4689 JP/4755 JP/4385 JP/BABA US /BIDU US/700 HK

​NetEase's receives positive feedback during first round of testing, PayPay QR-code system crashes for three hours in Japan.China's generative AI...

Blue Lotus Research Institute

Today's Dominant Ideas

Technically, we expect the SET Index to move sideways down, with the support at 1,363/1,354 points (1/2 and 1/3 of the Fibonacci range of...

Krungthai XSpring

Was the Archegos implosion illegal?

The Archegos Capital Management scandal reveals how one man's actions can have a significant and unexpected impact on the financial markets,...

Behind the Money

[Blue Lotus Daily - TMT Update]:700 HK/3690 HK/TCOM US/BIDU US/MNSO US/PDD US/BABA US/NTES US

USTR initiates section 301 investigations on China Maritime and logistics,.Meituan Promotes Marketing Tool "Divine Membership" <blood strike> has...

Blue Lotus Research Institute

Visiting volume surges after stimulus, new energy exports struggle, PBOC introduces more stimulus for sluggish new home sales.

NetEase's receives positive feedback during first round of testing, PayPay QR-code system crashes for three hours in Japan.China's generative AI...