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
- 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
- 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.