Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>A quick synoptic look at the tactical setups for the indices, stocks, commodities and bonds we cover, week September 1 – September 5. The MODEL SUPPORT/RESISTANCE data file is attached.
</li>
<li>
OVERBOUGHT at the WEEKLY Close: <a href="https://www.smartkarma.com/entities/alphabet-inc-cl-c" target="_blank" data-smartkarma-citation="entities:11369:1" rel="noopener">Alphabet (GOOG US)</a> , <a href="https://www.smartkarma.com/entities/byd-co-ltd-h" target="_blank" data-smartkarma-citation="entities:20962:1" rel="noopener">BYD (1211 HK)</a> , <a href="https://www.smartkarma.com/entities/s-p-asx-200" target="_blank" data-smartkarma-citation="entities:22901:1" rel="noopener">S&amp;P/ASX 200</a> , <a href="https://www.smartkarma.com/entities/shanghai-shenzhen-csi-300-index" target="_blank" data-smartkarma-citation="entities:22906:1" rel="noopener">CSI 300 Index (SHSZ300)</a> , <a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> </li>
<li>
OVERSOLD at the WEEKLY Close:<a href="https://www.smartkarma.com/entities/meta-platforms-inc-class-a-facebook" target="_blank" data-smartkarma-citation="entities:665:1" rel="noopener"> Meta (META US)</a> , <a href="https://www.smartkarma.com/entities/nasdaq-100-stock-index" target="_blank" data-smartkarma-citation="entities:26197:1" rel="noopener">Nasdaq-100</a> , <a href="https://www.smartkarma.com/entities/nvidia-corp" target="_blank" data-smartkarma-citation="entities:5891:1" rel="noopener">NVIDIA Corp (NVDA US)</a> , <a href="https://www.smartkarma.com/entities/fast-retailing-co-ltd" target="_blank" data-smartkarma-citation="entities:751:1" rel="noopener">Fast Retailing (9983 JP)</a>
</li>
</ul>


A quick synoptic look at the tactical setups for the indices, stocks, commodities and bonds we cover, week September 1 – September 5. The MODEL SUPPORT/RESISTANCE data file is attached.


OVERBOUGHT at the WEEKLY Close: Alphabet (GOOG US) , BYD (1211 HK) , S&amp;P/ASX 200 , CSI 300 Index (SHSZ300) , Gold (GOLD COMDTY) 

OVERSOLD at the WEEKLY Close: Meta (META US) , Nasdaq-100 , NVIDIA Corp (NVDA US) , Fast Retailing (9983 JP)



Global Markets Tactical Outlook WEEKLY: September 1 – September 5

Overseas Chinese Equities, Aequitas Research

Ming Lu

Overseas Chinese Equities

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.

Equity Bottom-Up

<ul>
<li>In August, BYD’s total sales volume was still flat and its domestic sales volume continued to shrink.</li>
<li>The operating margin declined significantly to 2.3% in 1H25 from 4.4% in 1H24.</li>
<li>The P/E band suggests a downside of 23% and a price target of HK$89.00.</li>
</ul>


In August, BYD’s total sales volume was still flat and its domestic sales volume continued to shrink.
The operating margin declined significantly to 2.3% in 1H25 from 4.4% in 1H24.
The P/E band suggests a downside of 23% and a price target of HK$89.00.


BYD (1211 HK): Flat Sales Volume in August and Lower Margin in 1H25

Derivatives and Quantitative Strategist

Gaudenz Schneider

<ul>
<li>
Context: Volatility cones provide a clear framework to evaluate whether options are trading cheap or rich.</li>
<li>
Highlights:<a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent (700 HK)</a>, <a href="https://www.smartkarma.com/entities/hsbc-holdings-plc" target="_blank" data-smartkarma-citation="entities:516:1" rel="noopener">HSBC (5 HK),</a><a href="https://www.smartkarma.com/entities/meituan" target="_blank" data-smartkarma-citation="entities:26970:1" rel="noopener">Meituan (3690 HK)</a>, <a href="https://www.smartkarma.com/entities/ping-an-insurance-grp-co-of-china-ltd" target="_blank" data-smartkarma-citation="entities:12880:1" rel="noopener">Ping An (2318 HK)</a>, and <a href="https://www.smartkarma.com/entities/jd-com-inc" target="_blank" data-smartkarma-citation="entities:29043:1" rel="noopener">JD.com (9618 HK)</a> all display historically cheap implied volatility. Read on for trade suggestions.</li>
<li>
Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.</li>
</ul>



Context: Volatility cones provide a clear framework to evaluate whether options are trading cheap or rich.

Highlights:Tencent (700 HK), HSBC (5 HK),Meituan (3690 HK), Ping An (2318 HK), and JD.com (9618 HK) all display historically cheap implied volatility. Read on for trade suggestions.

Why Read: Spot opportunities, assess regime shifts, and manage risk effectively — volatility cones turn complex data into actionable insights for traders and investors.


Cheap Vs. Rich Volatility: What Cones Reveal in Tencent, HSBC, Meituan & More

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

Quantitative Analysis

<ul>
<li>We analyzed the latest HK SFC report for aggregate short position as of Aug 22nd.</li>
<li>Top short increases and decreases were tabulated for one week and four week period.</li>
<li>We highlight short changes in Xiaomi, TraHK HSI ETF, ZTE, Anta, Cathay Pacific Airways, HSCEI ETF.</li>
</ul>


We analyzed the latest HK SFC report for aggregate short position as of Aug 22nd.
Top short increases and decreases were tabulated for one week and four week period.
We highlight short changes in Xiaomi, TraHK HSI ETF, ZTE, Anta, Cathay Pacific Airways, HSCEI ETF.


HK Short Interest Weekly: Xiaomi, ZTE, Anta, Cathay Pacific Airways

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>Renewables / Analysis: Chinese renewables firms turn to new markets, models as trade barriers rise</li><li>Wahaha /In Depth: How Wahaha founder’s daughter took control amid a family squabble</li><li>Law /In Depth: China mulls changes to grassroots governance</li></ul>

Renewables / Analysis: Chinese renewables firms turn to new markets, models as trade barriers riseWahaha /In Depth: How Wahaha founder’s daughter took control amid a family squabbleLaw /In Depth: China mulls changes to grassroots governance

CX Daily: Chinese Renewables Firms Turn to New Markets, Models as Trade Barriers Rise 

China

BYD Company Limited, through its subsidiaries, manufactures and sells automobiles. The Company also researches, develops, manufactures and sells batteries, which are applied on mobile phones, cordless phones, power tools and other kinds of portable electronic devices.

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BYD (1211 HK)

Global Markets Tactical Outlook WEEKLY: September 1 – September 5

Tactical setups for indices, stocks, commodities, and bonds for the week of September 1 - September 5, overbought / oversold levels highlighted...

Nico Rosti

BYD (1211 HK): Flat Sales Volume in August and Lower Margin in 1H25

In August, BYD’s total sales volume was still flat and its domestic sales volume continued to shrink. The operating margin declined significantly...

Ming Lu

Cheap Vs. Rich Volatility: What Cones Reveal in Tencent, HSBC, Meituan & More

Volatility cones help identify cheap options trading opportunities in Tencent, HSBC, Meituan, Ping An, and JD.com, providing actionable insights...

Gaudenz Schneider

HK Short Interest Weekly: Xiaomi, ZTE, Anta, Cathay Pacific Airways

We analyzed the latest HK SFC report for aggregate short position as of Aug 22nd and highlight short interest changes in Xiaomi, TraHK HSI ETF,...

Ke Yan, CFA, FRM

CX Daily: Chinese Renewables Firms Turn to New Markets, Models as Trade Barriers Rise

TOP STORIES Renewables / Analysis: Chinese renewables firms turn to new markets, models as trade barriers rise Faced with increasing tariffs and...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Global Markets Tactical Outlook WEEKLY: September 1 – September 5

Tactical setups for indices, stocks, commodities, and bonds for the week of September 1 - September 5, overbought / oversold levels highlighted...

Nico Rosti

BYD (1211 HK): Flat Sales Volume in August and Lower Margin in 1H25

In August, BYD’s total sales volume was still flat and its domestic sales volume continued to shrink. The operating margin declined significantly...

Ming Lu

Cheap Vs. Rich Volatility: What Cones Reveal in Tencent, HSBC, Meituan & More

​Volatility cones help identify cheap options trading opportunities in Tencent, HSBC, Meituan, Ping An, and JD.com, providing actionable insights...

Gaudenz Schneider

HK Short Interest Weekly: Xiaomi, ZTE, Anta, Cathay Pacific Airways

We analyzed the latest HK SFC report for aggregate short position as of Aug 22nd and highlight short interest changes in Xiaomi, TraHK HSI ETF,...

Ke Yan, CFA, FRM

CX Daily: Chinese Renewables Firms Turn to New Markets, Models as Trade Barriers Rise

TOP STORIES Renewables / Analysis: Chinese renewables firms turn to new markets, models as trade barriers rise Faced with increasing tariffs and...

Caixin Global

Volatility cones help identify cheap options trading opportunities in Tencent, HSBC, Meituan, Ping An, and JD.com, providing actionable insights...