In today’s briefing:
- 5 Major Potential Policy Changes in the Korean Stock Market Pushed by the FSC in 2025
- The Drill: It’s an Omnishambles in the Tariff Talks
- Suppliers Suffer As Top Brands Make Fewer Tires
- Malaysia Economics: Domestic Demand to Hold the Line in 2025
- CX Daily: Chinese Merchants Plow Cash Into Overseas Warehouses Amid Global E-Commerce Boom
- Actinver Research – Macro Daily: Inflation 2h-Dec (Forecast)
5 Major Potential Policy Changes in the Korean Stock Market Pushed by the FSC in 2025
- On 8 January, the Financial Services Commission (FSC) announced 5 major potential policy changes in the Korean stocks market which could get implemented in 2025.
- The mandatory lock-up periods for the institutional investors could result in the institutional investors that are active in Korean IPOs to reassess their trading strategies on newly offered issues.
- Choi Sang-Mok was the most important government official spearheading the numerous financial reforms in Korea. Now that he is the acting President, he is likely to accelerate these financial reforms.
The Drill: It’s an Omnishambles in the Tariff Talks
- Yesterday was a crazy day in FX and commodities as seen in chart 1.a. Within the span of 6 hours we had markets trading WaPo the rumour, then reacting to the pushback on the rumour from Trump and then markets calling Trump’s push back a bluff.
- We conclude a couple of things from this.
- Firstly, what we have been saying the last month ever since Trump’s first comments on Canadian tariffs, namely that this is a negotiation tactic to get what he really wants.
Suppliers Suffer As Top Brands Make Fewer Tires
- Tire production volumes are declining
- Major tire manufacturers are closing/withdrawing from the Chinese truck tire market
- Emerging competitors are expanding capacity, challenging established suppliers
Malaysia Economics: Domestic Demand to Hold the Line in 2025
- After a strong showing in 2024, a deteriorating external environment poses challenges for Malaysia in 2025. We argue that the economy’s domestic resilience will hold up well.
- In addition to recovering tourism and domestic spending, consumption will benefit from wage-uplifting policy measures that will benefit a significant portion of the labour force.
- The investment upswing may also gain further momentum as previous investment pledges and catalytic initiatives start translating into shovels in the ground.
CX Daily: Chinese Merchants Plow Cash Into Overseas Warehouses Amid Global E-Commerce Boom
- Overseas warehouses / In Depth: Chinese traders plow cash into overseas warehouses amid global e-commerce boom
- Aerospace /Geovis Insighter’s IPO lifts off in style after Chang Guang Satellite’s listing crash
- Energy Insider /China to restrict export of lithium battery tech, Tesla opens new Shanghai battery plant
Actinver Research – Macro Daily: Inflation 2h-Dec (Forecast)
- We expect inflation for the second half of December to be -0.02%, due to an extraordinary reduction in agricultural prices.
- Inflation for this fortnight is typically at 0.18% bw.
- The -0.02% bw forecast is explained by the reduction in agricultural products of -0.74% bw, versus the historical print of +1.03% bw.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
