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

The risk of a pullback remains very real, however at this point the weight of the evidence suggests a meaningful pullback is not imminent. We recap important technical levels across market as well as Actionable Themes within the Consumer Staples, Health Care, and Technology sectors.

The risk of a pullback remains very real, however at this point the weight of the evidence suggests a meaningful pullback is not imminent. We recap important technical levels across market as well as Actionable Themes within the Consumer Staples, Health Care, and Technology sectors.

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Thematic (Sector/Industry)

Consumer Staples are a good inflation hedge, but only if they can pass on the increase in raw material costs to end consumers. In a scenario of high unemployment and collapsing demand this may not always be possible.We have taken a look at the change in short interest on Asian consumer staples names across Hong Kong, Korea, Taiwan and Japan to identify stocks that the market is betting on and against.There is a fair bit of variability among the HK and Taiwan stocks, short interest has been broadly lower in Korea and has been plummeting in Japan. Investors can use the data as one of the inputs in identifying stocks that could benefit from an increase in inflation in the near/medium term.

Consumer Staples are a good inflation hedge, but only if they can pass on the increase in raw material costs to end consumers. In a scenario of high unemployment and collapsing demand this may not always be possible.We have taken a look at the change in short interest on Asian consumer staples names across Hong Kong, Korea, Taiwan and Japan to identify stocks that the market is betting on and against.There is a fair bit of variability among the HK and Taiwan stocks, short interest has been broadly lower in Korea and has been plummeting in Japan. Investors can use the data as one of the inputs in identifying stocks that could benefit from an increase in inflation in the near/medium term.

Asian Consumer Staples - Inflation Hedge?

Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

Zijin Gold International / Index Rebalance

<ul>
<li>The Hang Seng Index is the benchmark index for Hong Kong stocks. It follows a highly subjective selection process which makes it difficult to predict index changes.</li>
<li>In this insight, we take a look at a group of names with a reasonably high likelihood of being involved in index changes during the next review in June 2026.</li>
<li>The index changes are expected to be confirmed on 22nd May 2026.</li>
</ul>


The Hang Seng Index is the benchmark index for Hong Kong stocks. It follows a highly subjective selection process which makes it difficult to predict index changes.
In this insight, we take a look at a group of names with a reasonably high likelihood of being involved in index changes during the next review in June 2026.
The index changes are expected to be confirmed on 22nd May 2026.


Quiddity Leaderboard Hang Seng Index Jun26: BeOne, Zijin, Cosco Shipping Among Our Top 10 Picks

Quantamental Researcher, JD Finance Quantamental Research

Ben Li

Quantamental Researcher

JD Finance Quantamental Research

JD Finance Big Data Quantamental Research is a data and insight provider of proprietary online eCommerce data, under the arm of big data analytics team in JD Finance. JD Finance is an affiliate of US listed JD, a leading eCommerce player in China. It is one of the largest fintech companies in China, with business spanning across consumer loans, fund distribution, and quantitative strategy research. 

Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits citizens’ everyday life. Among Chinese consumers, Millennials, defined as a cohort born between 1980 and 1995, have the strongest purchase power on e-commerce platforms with constantly rising online spending. We sorted out Millennials’ three shared values that affect their purchase decisions: Higher Quality, Better Lifestyle and Health Consciousness, and will discuss the impact of these principles on different consumer sectors in this article.

Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits citizens’ everyday life. Among Chinese consumers, Millennials, defined as a cohort born between 1980 and 1995, have the strongest purchase power on e-commerce platforms with constantly rising online spending. We sorted out Millennials’ three shared values that affect their purchase decisions: Higher Quality, Better Lifestyle and Health Consciousness, and will discuss the impact of these principles on different consumer sectors in this article.

A Closer Look at Premiumization: Decoding Millennials Online Spending

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>Wipes increased by 12% in retail current value terms in 2017, to reach CNY4.3 billion</li><li>Increasing hygiene awareness amongst consumers supports the healthy growth of wipes</li><li>Current value sales of personal wipes increased by 12% in 2017, to reach CNY4.2 billion, whilst home care wipes and floor cleaning systems experiences 11% current value growth to reach CNY42 million</li><li>The average unit price of wipes increases in 2017, due to the increasing cost of raw materials</li><li>Hengan Fujian Holding continued to lead wipes in 2017, with a retail value share of 27%</li><li>Wipes is expected to increase by a retail value CAGR of 10% at constant 2017 prices over the forecast period, rising to CNY6.8 billion in 2022</li></ul>

Wipes increased by 12% in retail current value terms in 2017, to reach CNY4.3 billionIncreasing hygiene awareness amongst consumers supports the healthy growth of wipesCurrent value sales of personal wipes increased by 12% in 2017, to reach CNY4.2 billion, whilst home care wipes and floor cleaning systems experiences 11% current value growth to reach CNY42 millionThe average unit price of wipes increases in 2017, due to the increasing cost of raw materialsHengan Fujian Holding continued to lead wipes in 2017, with a retail value share of 27%Wipes is expected to increase by a retail value CAGR of 10% at constant 2017 prices over the forecast period, rising to CNY6.8 billion in 2022

China

Hengan International Group is a leading Chinese manufacturer and distributor of personal hygiene and household paper products. Its core offerings include sanitary napkins, baby and adult diapers, and various tissue paper products. The company was founded in 1985 and is headquartered in Jinjiang City, Fujian, China.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Hengan International (1044 HK)

Battleground Spot For Global Equities

The risk of a pullback remains very real, however at this point the weight of the evidence suggests a meaningful pullback is not imminent. We recap...

Vermilion Research

Asian Consumer Staples - Inflation Hedge?

Consumer Staples are a good inflation hedge, but only if they can pass on the increase in raw material costs to end consumers. In a scenario of...

Brian Freitas

Quiddity Leaderboard Hang Seng Index Jun26: BeOne, Zijin, Cosco Shipping Among Our Top 10 Picks

The Hang Seng Index June 2026 index review results will be publicly announced after market close on 22nd May 2026. In this insight, we have...

Janaghan Jeyakumar, CFA

A Closer Look at Premiumization: Decoding Millennials Online Spending

Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits...

Ben Li

Sector Capsule: Wipes in China

Wipes increased by 12% in retail current value terms in 2017, to reach CNY4.3 billion Increasing hygiene awareness amongst consumers supports the...

Euromonitor International Ltd.

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)