Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Equity Bottom-Up

ZIM Integrated Shipping Services / Equity Bottom-Up

<ul>
<li>The resilience of global container shipping stocks is surprising given weak price trend</li>
<li>Many market participants appear to be betting on a surge in rates after tariff issues settle</li>
<li>But there are several reasons why a bump in rates is unlikely in the near- to medium-term</li>
</ul>


The resilience of global container shipping stocks is surprising given weak price trend
Many market participants appear to be betting on a surge in rates after tariff issues settle
But there are several reasons why a bump in rates is unlikely in the near- to medium-term


Don't Expect A Resolution of Tariff Chaos To Lift Container Shipping Rates Like Covid-19 Did

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 changes in short interest of TWSE Stocks as of Apr 18th which has an aggregated short interest worth USD19.1bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Yang Ming Marine, Hon Hai Precision, Global Unichip, Unimicron Technology.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Apr 18th which has an aggregated short interest worth USD19.1bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Yang Ming Marine, Hon Hai Precision, Global Unichip, Unimicron Technology.


TWSE Short Interest Weekly (Apr 18th): Yang Ming Marine, Hon Hai Precision, Global Unichip

<ul>
<li>We analyzed the changes in foreign holdings of TWSE Stocks as of Apr 18th which has an aggregated holding worth USD815.1bn.</li>
<li>We estimate that foreign flows to be outflows of USD2,916mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in SCSB, TSMC, Evergreen Marine, Quanta Computer, Hon Hai Precision.</li>
</ul>


We analyzed the changes in foreign holdings of TWSE Stocks as of Apr 18th which has an aggregated holding worth USD815.1bn.
We estimate that foreign flows to be outflows of USD2,916mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in SCSB, TSMC, Evergreen Marine, Quanta Computer, Hon Hai Precision.


TWSE Foreign Holding Weekly (Apr 18th): SCSB, TSMC, Evergreen Marine, Quanta Computer

<ul>
<li>For the first time since Q322, our price momentum index flipped to negative</li>
<li>We see few signs of US tariff impacts in the March data -- not surprising</li>
<li>New US levies on China-built ships unhelpful, but most carriers can adjust</li>
</ul>


For the first time since Q322, our price momentum index flipped to negative
We see few signs of US tariff impacts in the March data -- not surprising
New US levies on China-built ships unhelpful, but most carriers can adjust


Monthly Container Shipping Tracker | Price Turns Negative | Tariff, Ship Levy Impacts (April 2025)

<ul>
<li>We analyzed the changes in foreign holdings of TWSE Stocks as of Apr 11th which has an aggregated holding worth USD842.1bn.</li>
<li>We estimate that foreign flows to be outflows of USD1,406mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in Quanta Computer, TSMC, Ctbc Financial.</li>
</ul>


We analyzed the changes in foreign holdings of TWSE Stocks as of Apr 11th which has an aggregated holding worth USD842.1bn.
We estimate that foreign flows to be outflows of USD1,406mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in Quanta Computer, TSMC, Ctbc Financial.


TWSE Foreign Holding Weekly (Apr 11th): Quanta Computer, TSMC, Ctbc Financial

Taiwan

Yang Ming Marine Transport provides transportation services and handles domestic and foreign maritime services on cargos.  The Company also operates warehouse, wharf, tug, barge, and container freight station services as well as repairs, leases, and sells containers and chassis.

Price Gauge
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Yang Ming Marine Transport (2609 TT)

Don't Expect A Resolution of Tariff Chaos To Lift Container Shipping Rates Like Covid-19 Did

There are several reasons why any resolution of the current US tariff chaos is unlikely to lead to an increase in spot container shipping rates in...

Tracking Traffic

TWSE Short Interest Weekly (Apr 18th): Yang Ming Marine, Hon Hai Precision, Global Unichip

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Yang Ming Marine, Hon Hai Precision, Global...

Ke Yan, CFA, FRM

TWSE Foreign Holding Weekly (Apr 18th): SCSB, TSMC, Evergreen Marine, Quanta Computer

We analyzed TWSE foreign holding data for the past week and highlighted foreign holding changes in SCSB, TSMC, Evergreen Marine, Quanta Computer,...

Ke Yan, CFA, FRM

Monthly Container Shipping Tracker | Price Turns Negative | Tariff, Ship Levy Impacts (April 2025)

In March we believe average deep-sea container rates fell Y/Y. Risks facing the carriers -- higher tariffs, new levies on Chinese ships in the US,...

Tracking Traffic

TWSE Foreign Holding Weekly (Apr 11th): Quanta Computer, TSMC, Ctbc Financial

We analyzed TWSE foreign holding data for the past week and highlighted foreign holding changes in Quanta Computer, TSMC, Ctbc Financial.

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)