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

Shenton Research

Shenton 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.

Equity Capital Markets

Jiangsu Boqian New Materials Stock / Equity Capital Markets

Jiangsu Boqian New Materials Stock (605376 CH)

<ul>
<li>Boqian New Materials, a high-end electronic metal powders manufacturer, is seeking an A+H listing. GTJA is the sole sponsor.</li>
<li>We look at the company's core segments: nickel-based powders for MLCC electrodes and copper-based powders for PV metallization.</li>
<li>We discussed our preliminary thoughts on the company's valuation based on A-H premium.</li>
</ul>


Boqian New Materials, a high-end electronic metal powders manufacturer, is seeking an A+H listing. GTJA is the sole sponsor.
We look at the company's core segments: nickel-based powders for MLCC electrodes and copper-based powders for PV metallization.
We discussed our preliminary thoughts on the company's valuation based on A-H premium.


Boqian New Materials (博迁新材) A+H Pre-IPO: Early Thoughts

Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

Equity Derivatives

<ul>
<li>Hong Kong equities extended their advance, although recent momentum showed signs of levelling off after a strong start to the week.</li>
<li>Strong gains across several Materials stocks helped distinguish the sector from the broader market advance.</li>
<li>Tencent’s sharp decline generated exceptionally heavy option activity and drove the increase in Communication Services sector volumes.</li>
</ul>


Hong Kong equities extended their advance, although recent momentum showed signs of levelling off after a strong start to the week.
Strong gains across several Materials stocks helped distinguish the sector from the broader market advance.
Tencent’s sharp decline generated exceptionally heavy option activity and drove the increase in Communication Services sector volumes.


Hong Kong Single Stock Options Weekly July 20–24: Tencent Drives Option Activity, Materials Surge

<ul>
<li>Market weakness, poor breadth and renewed focus on lockup expiries created a fragile backdrop for Hong Kong equities.</li>
<li>Single stock implied vol remained elevated relative to index implied vol, extending a trend that has led to a widening divergence.</li>
<li>The recent outperformance in Financial stocks came to an end as sector breadth deteriorated sharply.</li>
</ul>


Market weakness, poor breadth and renewed focus on lockup expiries created a fragile backdrop for Hong Kong equities.
Single stock implied vol remained elevated relative to index implied vol, extending a trend that has led to a widening divergence.
The recent outperformance in Financial stocks came to an end as sector breadth deteriorated sharply.


Hong Kong Single Stock Options Weekly June 15–18: Lockups and Vol Divergence in Focus

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.

<ul>
<li>GEM Co. is seeking to raise at least USD100m through an A+H listing. J.P. Morgan, CITIC, and CSI are the sponsors.</li>
<li>We look at the company's core segments: new energy materials and critical metal resources.</li>
<li>We discuss our preliminary view on fair value using A-H premium references.</li>
</ul>


GEM Co. is seeking to raise at least USD100m through an A+H listing. J.P. Morgan, CITIC, and CSI are the sponsors.
We look at the company's core segments: new energy materials and critical metal resources.
We discuss our preliminary view on fair value using A-H premium references.


Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p>It is time to look at copper again. Our recent long from 288 was sold at 320 and a well behaved pulled has followed. China A shares have powered higher but left H shares in the dust primarily due to narrowing breadth, a weaker materials sector and banks trading sideways. When looking at copper we see a positive chart pattern that is expected to put a floor in the decline in metal shares which in turn may help mend the breadth issues plagued the HSCEI.</p><p>Copper's bull wedge noted in the daily cycle…</p>

It is time to look at copper again. Our recent long from 288 was sold at 320 and a well behaved pulled has followed. China A shares have powered higher but left H shares in the dust primarily due to narrowing breadth, a weaker materials sector and banks trading sideways. When looking at copper we see a positive chart pattern that is expected to put a floor in the decline in metal shares which in turn may help mend the breadth issues plagued the HSCEI.Copper's bull wedge noted in the daily cycle…

Copper Rally to Help Mend H Share Breadth

China

Jiangxi Copper is China's largest integrated copper producer, involved in the exploration, mining, smelting, and refining of copper. The company also produces gold, silver, lead, zinc, rare metals, and sulfuric acid, and engages in trade, financial services, and logistics. It was founded in 1979 and is headquartered in Nanchang, Jiangxi Province, China.

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

Jiangxi Copper (358 HK)

Boqian New Materials (博迁新材) A+H Pre-IPO: Early Thoughts

Boqian New Materials is seeking an A+H listing. In this note, we look at the company's business, its industry context and provide our early thought...

Ke Yan, CFA, FRM

Hong Kong Single Stock Options Weekly July 20–24: Tencent Drives Option Activity, Materials Surge

Tencent’s sharp decline dominated option activity while surging Materials stocks stood out against a broader market advance that showed signs of...

John Ley

Hong Kong Single Stock Options Weekly June 15–18: Lockups and Vol Divergence in Focus

Hong Kong stocks weakened in a holiday-shortened week as poor breadth, lockup concerns and widening implied vol divergence shaped the backdrop.

John Ley

GEM Co. A+H Pre-IPO: Early Thought

GEM Co. is seeking to raise at least USD100m in an A+H listing. This note reviews the business, industry context, and early valuation reference...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Boqian New Materials (博迁新材) A+H Pre-IPO: Early Thoughts

Boqian New Materials is seeking an A+H listing. In this note, we look at the company's business, its industry context and provide our early thought...

Ke Yan, CFA, FRM

Hong Kong Single Stock Options Weekly July 20–24: Tencent Drives Option Activity, Materials Surge

Tencent’s sharp decline dominated option activity while surging Materials stocks stood out against a broader market advance that showed signs of...

John Ley

Hong Kong Single Stock Options Weekly June 15–18: Lockups and Vol Divergence in Focus

Hong Kong stocks weakened in a holiday-shortened week as poor breadth, lockup concerns and widening implied vol divergence shaped the backdrop.

John Ley

GEM Co. A+H Pre-IPO: Early Thought

GEM Co. is seeking to raise at least USD100m in an A+H listing. This note reviews the business, industry context, and early valuation reference...

Ke Yan, CFA, FRM

Copper Rally to Help Mend H Share Breadth

It is time to look at copper again. Our recent long from 288 was sold at 320 and a well behaved pulled has followed. China A shares have powered...

Thomas Schroeder