Daily Brief Thematic (Sector/Industry): Good Morning Japan | Stocks Holds Gains Head of Jobs; Samurai Blues - Giant Killers (Again !) and more

In today’s briefing:

Good Morning Japan | Stocks Holds Gains Head of Jobs; Samurai Blues – Giant Killers (Again !)
Covid Lockdowns Set to Snap China’s Car Sales Winning Streak
China’s Property Support Seen as Helping State-Owned, Quality Private Developers

Good Morning Japan | Stocks Holds Gains Head of Jobs; Samurai Blues – Giant Killers (Again !)

Good Morning Japan: We strive to provide the best macro, stock and thematic overnight news that impacts your trading day in Japan. FOLLOW US TO KEEP ABREAST.
OVERSEAS: Stocks consolidated ahead of Jobs; UST yeild down, USD weaker; Fed’s favorite inflation indicator slows; China showing COVID-19 flexibility; TESLA delivers 1st Semi Truck
JAPAN: World Cup: Samurai Blues slay another European giant defeating Spain. This is the news in Japan today; Foreigners are now buyers in Japan; KDDI hooks up with Starlink

Factory sales to distributors of passenger cars in China, the world’s largest automobile market, are on track to decline in November
Retail sales of passenger cars also fell during the first twenty days of November, dropping 4% year-on-year to 859,000 units, according to the association
Last month, factory sales of passenger cars rose 11% year-on-year, extending a deceleration from June when growth hit 42.3% due to easing of Covid outbreaks and government tax benefits

China’s latest helping hand to the property market is expected to benefit state-owned and quality private developers.
Allowing developers to raise money on the Chinese mainland and Hong Kong stock markets could help firms get their hands on fresh cash and acquire assets from their peers that have defaulted
The new measures, announced by the China Securities Regulatory Commission (CSRC) in a Monday Q&A, allow such share sales for purposes including debt repayments and acquisitions

💡 Before it’s here, it’s on Smartkarma

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network