In today’s briefing:
- China & HK Strategy: Rare Earths – What and How?
- Tactical Trading -Oil Joins the Commodity Rally
China & HK Strategy: Rare Earths – What and How?
- Rare earth is an important area in the US-China trade negotiation, as China processes 90% of the world’s supply, and the US depends on China for 70% of its imports.
- China Northern Rare Earth Group High-Tech (600111 CH), China Minmetals Rare Earth (000831 CH), and Shenghe Resources Holding (600392 CH) are the main listed A-shares.
- JL Mag Rare-Earth (6680 HK) and China Rare Earth Holdings (769 HK) are the key Hong Kong-listed ones. They all witnessed better YoY profit in the latest reported results.
Tactical Trading -Oil Joins the Commodity Rally
- Oil’s positive reaction to bearish news was a signal to go long.
- Regardless of the outcome of the current fighting between Israel and Iran, oil has likely bottomed.
- We add oil and related equities to the inflation basket
💡 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
