Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

KraneShares CSI China Internet ETF / Event-Driven

<ul>
<li>The PCAOB has not, despite a cooperation agreement with the CSRC signed in 2013, been able to conduct on-site investigations of a HK or mainland-based company since 2010.</li>
<li>On Friday, the CSRC published a new Strengthening Confidentiality and File Management Related to Overseas Issuance to replace 2009 rules. </li>
<li>Importantly, the revised Provisions deletes the stipulation that “on-site inspections shall be dominated by domestic regulators or depend on the conclusions of inspections by domestic regulators.” Will it be enough?</li>
</ul>


The PCAOB has not, despite a cooperation agreement with the CSRC signed in 2013, been able to conduct on-site investigations of a HK or mainland-based company since 2010.
On Friday, the CSRC published a new Strengthening Confidentiality and File Management Related to Overseas Issuance to replace 2009 rules. 
Importantly, the revised Provisions deletes the stipulation that “on-site inspections shall be dominated by domestic regulators or depend on the conclusions of inspections by domestic regulators.” Will it be enough?


New CSRC "Provisions" Take a Step Towards Meeting PCAOB Requirements

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

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Equity Bottom-Up

<ul><li>This is our first report on Nocera and we look to provide a detailed account of the various industries that the company operates in and the key macro-economic factors.</li><li>While Nocera did report a net loss and incurred one-time costs related to its listing last year, things ought to be entirely different in 2022.</li><li>However, given how quickly the company's revenues are increasing, the stock price should also rise quickly.</li></ul>

This is our first report on Nocera and we look to provide a detailed account of the various industries that the company operates in and the key macro-economic factors.While Nocera did report a net loss and incurred one-time costs related to its listing last year, things ought to be entirely different in 2022.However, given how quickly the company's revenues are increasing, the stock price should also rise quickly.

Nocera Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 07/22

United States

Nocera, Inc. operates as a land-based RAS manufacturing and aquaculture consulting company. The Company provides opinions, technology transfer, and aquaculture project management services to new and existing aquaculture projects. Nocera serves customers in Asia and the United States.

Nocera (NCRA US)

New CSRC "Provisions" Take a Step Towards Meeting PCAOB Requirements

CSRC has published new Provisions putting the onus of info management on companies, making it easier for the PCAOB to conduct on-site audits. It...

Travis Lundy

Nocera Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 07/22

This is our first report on Nocera and we look to provide a detailed account of the various industries that the company operates in and the key...

Baptista Research