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>Cover Story: The Covid-fighting struggle of China’s nursing homes</li><li>Beijing probes whether hospital Covid protocols contributed to man’s death</li><li>China draws from next year’s budget for local government handouts</li></ul>

Cover Story: The Covid-fighting struggle of China’s nursing homesBeijing probes whether hospital Covid protocols contributed to man’s deathChina draws from next year’s budget for local government handouts

CX Daily: The Covid-Fighting Struggle of China’s Nursing Homes

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

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

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.

Quantitative Analysis

<ul>
<li>We analyzed the latest HK SFC report for aggregate short position as of May 20th.</li>
<li>Top short increases and decreases were tabulated for one week and four week period. </li>
<li>We highlight week on week short interest changes in CMB, Tencent, AIA, GWM, China Mobile.</li>
</ul>


We analyzed the latest HK SFC report for aggregate short position as of May 20th.
Top short increases and decreases were tabulated for one week and four week period. 
We highlight week on week short interest changes in CMB, Tencent, AIA, GWM, China Mobile.


HK Short Interest: CMB, Tencent, AIA, GWM, China Mobile

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Inside is a recap of movements in the last week relating to the Shanghai and Shenzhen-Hong Kong Stock Connect facilities, broken down by company and industry. </li>
<li>Overall, net inflow was ~US$1.1bn, split evenly (roughly) between Shanghai and Shenzhen. </li>
<li>The largest inflows were into  <a href="https://www.smartkarma.com/entities/china-mobile-ltd" target="_blank" data-smartkarma-citation="entities:27:1" rel="noopener">China Mobile (941 HK)</a> and <a href="https://www.smartkarma.com/entities/cnooc-ltd" target="_blank" data-smartkarma-citation="entities:175:1" rel="noopener">CNOOC Ltd (883 HK)</a>. The largest outflows were in <a href="https://www.smartkarma.com/entities/beijing-kuaishou-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:29725:1" rel="noopener">Kuaishou Technology (1024 HK)</a> and <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>.</li>
</ul>


Inside is a recap of movements in the last week relating to the Shanghai and Shenzhen-Hong Kong Stock Connect facilities, broken down by company and industry. 
Overall, net inflow was ~US$1.1bn, split evenly (roughly) between Shanghai and Shenzhen. 
The largest inflows were into  China Mobile (941 HK) and CNOOC Ltd (883 HK). The largest outflows were in Kuaishou Technology (1024 HK) and BYD (1211 HK).


Shanghai/​Shenzhen Southbound Connect: Weekly Moves (27 May 2022)

Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

Asia biased macro & technical analysis

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

Technical Analysis

<ul><li>The Hang Seng index constituents have moved away from just local Hong Kong shares to being dominated by China H and China-centric shares</li><li>Focusing on these constituents adds much value, especially with shifting liquidity away from US-listed ADS to HKEX listed shares.</li><li>It brings together a more diverse investor base ranging from local Hong Kong, mainland China and the rest of the world.</li></ul>

The Hang Seng index constituents have moved away from just local Hong Kong shares to being dominated by China H and China-centric sharesFocusing on these constituents adds much value, especially with shifting liquidity away from US-listed ADS to HKEX listed shares.It brings together a more diverse investor base ranging from local Hong Kong, mainland China and the rest of the world.

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

<ul>
<li>Heo Jae-Myeong, the CEO of Iljin Materials, is planning to sell his 53.3% stake in the company.</li>
<li>Potential buyers of Iljin Materials include Lotte, SK, LG, and POSCO.</li>
<li>The CEO Heo Jae-Myung could potentially receive greater amounts of money if he sells the company now, rather than waiting when the compulsory tender offer could be made into law.</li>
</ul>


Heo Jae-Myeong, the CEO of Iljin Materials, is planning to sell his 53.3% stake in the company.
Potential buyers of Iljin Materials include Lotte, SK, LG, and POSCO.
The CEO Heo Jae-Myung could potentially receive greater amounts of money if he sells the company now, rather than waiting when the compulsory tender offer could be made into law.


Iljin Materials: Is the Potential Change in Compulsory Tender Offer Forcing Owner to Speed Up Sale?

China

BYD Company Limited manufactures automotive products. The Company produces ordinary passenger cars, commercial vehicles, and other products. BYD also operates battery making, rail transportation construction, and other businesses.

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BYD (002594 CH)

CX Daily: The Covid-Fighting Struggle of China’s Nursing Homes

Cover Story: The Covid-fighting struggle of China’s nursing homes. Beijing probes whether hospital Covid protocols contributed to man’s death

Caixin Global

HK Short Interest: CMB, Tencent, AIA, GWM, China Mobile

We highlight week on week short interest changes in CMB, Tencent, AIA, GWM, China Mobile based on latest HK SFC short aggregate report.

Ke Yan, CFA, FRM

Shanghai/Shenzhen Southbound Connect: Weekly Moves (27 May 2022)

Overall, the total value increased US$1.8bn in the past week, with Shanghai accounting for US$1.9bn and Shenzhen (~US$0.2bn).

David Blennerhassett

Hang Seng Index Constituents

The Hang Seng index constituents have moved away from just local Hong Kong shares to being dominated by China H and China-centric shares

Untying The Gordian Knot

Iljin Materials: Is the Potential Change in Compulsory Tender Offer Forcing Owner to Speed Up Sale?

The CEO of Iljin Materials Heo Jae-Myung could potentially receive greater amounts of money if he sells his stake now, rather than waiting when the...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

CX Daily: The Covid-Fighting Struggle of China’s Nursing Homes

Cover Story: The Covid-fighting struggle of China’s nursing homes. Beijing probes whether hospital Covid protocols contributed to man’s death

Caixin Global

HK Short Interest: CMB, Tencent, AIA, GWM, China Mobile

We highlight week on week short interest changes in CMB, Tencent, AIA, GWM, China Mobile based on latest HK SFC short aggregate report.

Ke Yan, CFA, FRM

Shanghai/​Shenzhen Southbound Connect: Weekly Moves (27 May 2022)

Overall, the total value increased US$1.8bn in the past week, with Shanghai accounting for US$1.9bn and Shenzhen (~US$0.2bn).

David Blennerhassett

Hang Seng Index Constituents

The Hang Seng index constituents have moved away from just local Hong Kong shares to being dominated by China H and China-centric shares

Untying The Gordian Knot

Iljin Materials: Is the Potential Change in Compulsory Tender Offer Forcing Owner to Speed Up Sale?

The CEO of Iljin Materials Heo Jae-Myung could potentially receive greater amounts of money if he sells his stake now, rather than waiting when the...

Douglas Kim

Shanghai/Shenzhen Southbound Connect: Weekly Moves (27 May 2022)