Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform using the Discovery Tool.  See the attached report for a complete list of our recommendations from this list.

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform using the Discovery Tool.  See the attached report for a complete list of our recommendations from this list.

Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Thematic (Sector/Industry)

With the central government likely to implement a more prudent fiscal policy in 2018, we anticipate a moderating top-line outlook for the no-moat infrastructure firms under our coverage.Still, the impact is likely to vary among different companies: <a href="https://www.smartkarma.com/entities/265" target="_blank" data-smartkarma-citation="entities:265:1">China Communications Construction Co Ltd (1800 HK)</a> or CCCC, will likely be resilient due to the ramp-up in Belt and Road Initiative, while the more domestically focused <a href="https://www.smartkarma.com/entities/264" target="_blank" data-smartkarma-citation="entities:264:1">China Railway Group Ltd H (390 HK)</a>, or CRG, and <a href="https://www.smartkarma.com/entities/263" target="_blank" data-smartkarma-citation="entities:263:1">China Railway Construction Corp</a>…

With the central government likely to implement a more prudent fiscal policy in 2018, we anticipate a moderating top-line outlook for the no-moat infrastructure firms under our coverage.Still, the impact is likely to vary among different companies: China Communications Construction Co Ltd (1800 HK) or CCCC, will likely be resilient due to the ramp-up in Belt and Road Initiative, while the more domestically focused China Railway Group Ltd H (390 HK), or CRG, and China Railway Construction Corp…

China's Moderating Infrastructure Spending Outlook to Drive Construction Firm Valuation Rerating

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

<ul><li>Pace of China’s residential construction expected to decelerate</li><li>Investments into transport infrastructure is growth driver in light of slow market</li><li>China’s transition to service-based economy drives demand for social infrastructure</li><li>Total value of China’s overseas contracted projects continues to rise</li></ul>

Pace of China’s residential construction expected to decelerateInvestments into transport infrastructure is growth driver in light of slow marketChina’s transition to service-based economy drives demand for social infrastructureTotal value of China’s overseas contracted projects continues to rise

Industrial Capsule: Construction in China

<ul><li>China stays in control of its housing market, amid ballooning property prices</li><li>The mortgage market witnesses strong recovery, but a slowdown is expected</li><li>Retail decentralisation creates new shopping districts and attracts new entrants</li></ul>

China stays in control of its housing market, amid ballooning property pricesThe mortgage market witnesses strong recovery, but a slowdown is expectedRetail decentralisation creates new shopping districts and attracts new entrants

Industrial Capsule: Real Estate Activities in China

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyse the changes of A-H premium on 179 stocks over the last week. The average A-H premium was 68.5% as of Apr 24th.</li>
<li>The average A-H premium changed by 0.9ppt week-on-week, led by consumer discretionary, materials, energy and offset by consumer staples, financials.</li>
<li>We highlight weekly changes in A-H premium for China Longyuan Power, BYD, Hua Hong Semiconductor, YOFC.</li>
</ul>


We analyse the changes of A-H premium on 179 stocks over the last week. The average A-H premium was 68.5% as of Apr 24th.
The average A-H premium changed by 0.9ppt week-on-week, led by consumer discretionary, materials, energy and offset by consumer staples, financials.
We highlight weekly changes in A-H premium for China Longyuan Power, BYD, Hua Hong Semiconductor, YOFC.


A-H Premium Weekly (Apr 24th): China Longyuan Power, BYD, Hua Hong Semiconductor, YOFC

China

China Railway Construction Corporation Limited provides transportation infrastructure construction services. The Company constructs railway, highway, urban track, and other infrastructure. China Railway Construction also provides real estate development and materials trading services.

China Railway Construction Cor (601186 CH)

Price Gauge
52-week Range	0.00 - 0.00
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China Railway Construction Cor (601186 CH)

Popular Stocks, Attractive Charts

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform...

Vermilion Research

China's Moderating Infrastructure Spending Outlook to Drive Construction Firm Valuation Rerating

With the central government likely to implement a more prudent fiscal policy in 2018, we anticipate a moderating top-line outlook for the no-moat...

Morningstar, Inc.

Industrial Capsule: Construction in China

Pace of China’s residential construction expected to decelerate Investments into transport infrastructure is growth driver in light of slow...

Euromonitor International Ltd.

Industrial Capsule: Real Estate Activities in China

China stays in control of its housing market, amid ballooning property prices The mortgage market witnesses strong recovery, but a slowdown is...

Euromonitor International Ltd.

A-H Premium Weekly (Apr 24th): China Longyuan Power, BYD, Hua Hong Semiconductor, YOFC

We analyzed A-H premium changes in the past week and highlight A-H premium changes for China Longyuan Power, BYD, Hua Hong Semiconductor, YOFC.

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)