Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: Fast Retailing (9983) Falling Fast: Reversal on the Horizon and more

In today’s briefing:

  • Fast Retailing (9983) Falling Fast: Reversal on the Horizon
  • Northbound Flows (4Q2023): $20bn Outflows in 4Q


Fast Retailing (9983) Falling Fast: Reversal on the Horizon

By Nico Rosti

  • Fast Retailing (9983 JP) has been falling for 2 weeks, despite recent revenues favorable numbers.
  • The stock appears short-term oversold, our models are signaling a high probability of WEEKLY reversal from the current levels.
  • Our models say a rally from current levels could reach between 49638 and 51936 (conservative targets). CHECK THE VIDEO PODCAST AT THE END OF THE INSIGHT (DETAILED ANALYSIS).

Northbound Flows (4Q2023): $20bn Outflows in 4Q

By Ke Yan, CFA, FRM

  • We analyze the 4Q2023 Shanghai/Shenzhen northbound Connect flows with our data engine as the exchange changed the rule to only disclose north bound position once a quarter.
  • We estimate that the outflows in 4Q2023 were US$20,921 million and holdings were US$302 billion.
  • We highlight flows for Moutai, Yangtze Power, Catl, Gree Electric Appliances, Sungrow Power Supply.

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