Thematic (Sector/Industry) Archives | Page 31 of 116 | Smartkarma

• Domestic investors (DIIs, retail, and HNIs) now hold 26.67% of non-promoter shares, narrowing the gap with FIIs, whose stakes have dropped to a 12-year low.
• This shift signifies growing domestic confidence and a stabilizing market environment, reducing dependency on volatile FII flows amid global uncertainties.
• Movement of the stock prices mostly dependent on FII moves rather than DII or Retail Investors. 

• PhonePe, India’s largest digital payments player, begins IPO preparations after redomiciling to India in December 2022. With impressive growth and profitability.
• Adani Group reassures investors and creditors with strong cash reserves and double-digit EBITDA growth. 
• Gujarat’s Rs 3.70 trillion budget for 2025-26 includes no new taxes. Focus is on infrastructure, green growth, human development, and economic activities, with new projects.

• Condor Energies (CDR CN)C; Target price of C$5.60 per share: Very high flow rate at bypassed zone boosts production and unlocks reserves – A potential bypassed 60 m gas pay section, identified using advanced cased-hole logging tools and reprocessed existing 3-D seismic data, was put in production over a 23 m perforated interval at a rate of 1,100 boe/d, increasing to 1,300 boe/d over the past five days as the completion fluid has been recovered.
• The flow rate is above expectations and unlocks reserves.
• This result showcases the potential upside at Condor’s Uzbekistan assets.

• The US has unveiled its “Fair and Reciprocal Plan,” signaling a shift to impose reciprocal tariffs, which specifically target high tariffs on products.
• This move could reduce India’s export volumes, particularly in labor-intensive sectors, by raising US tariffs closer to India’s levels, potentially triggering a $7 billion export drop and deflationary pressures.
• Investors and policymakers must now reassess India’s trade strategy; proactive measures such as bilateral agreements and targeted tariff reductions will be key to mitigating risks and stabilizing long-term economic growth.

• Japan defence may be buoyed by comments from Frances Macron that spending needs to rise.
• Wild ride for Kokusai Electric continues as outstanding short interest jumps 46% over the last week.
• Kura Sushi bringing back free meals – limit up yesterday, but with a big SI will there be more today?

• US stocks fell as Walmart (-6%) issued cautious guidance and Trump’s tariff plans weighed on sentiment. The Dow lost 450 points (-1%), while gold (+0.7%) hit a record high.
• Yesterday the Nikkei fell 486 points to 38,678, led by declines in transportation and banking. Investors remain cautious on Trump’s tariffs
• The yen strengthened to 149.92/USD on BOJ rate hike hints: Suzuki set a ¥8 trillion sales target by 2030, investing ¥1.2 trillion in India; SoftBank’s Arm plans its own-designed chips.

• Short term economic and policy factors may hurt technology sector prospects in coming months but the structural factors continue to support growth in Asia.
• Consumer and business demand for tech remain solid, but risks loom in the form of trade tensions.
• In particular, Asia will benefit from a more competitive AI landscape as tech accessibility improves. Tech investments in Asia will also see growth.

• Tencent Holdings Ltd. and Baidu Inc. are launching search functions powered by the large language models developed by DeepSeek, joining the ranks of global tech giants seeking to capitalize on the rise of the artificial intelligence (AI) developer that has sent a shockwave through the industry.
• Tencent, for example, is incorporating the full version of the DeepSeek-R1 model into Weixin, the Chinese version of its instant messaging app WeChat, to power its search capabilities, though the function is still in beta testing, Tencent told Caixin in a statement Sunday.
• While the function is in beta, selected users can use the “Search with AI” option from the search bar to access the R1-powered service, along with Tencent’s own AI model Hunyuan, the statement said.

• Facing rising trade barriers and regulatory scrutiny in the United States and Europe, Chinese cross-border e-commerce platforms are scrambling to diversify their markets and reduce reliance on any single region.
• On Feb. 1, U.S. President Donald Trump signed an executive order imposing a 10% tariff on all Chinese imports and ending duty-free treatment for small parcels from China.
• The U.S. Customs and Border Protection agency enforced the order on Feb. 3, requiring all Chinese goods, including those from Hong Kong, to be formally declared and taxed.

• Tariffs and policy uncertainty don’t seem to be weighing down stocks in the furniture and furnishings space at this point.
• The WTR Commercial/Contract Furniture Index was up 3.2%, the Residential Manufacturers & Suppliers Index gained 6.4%, and the Home Goods Retailers Index was up 1.2%, all better than the broader market indexes.
• The US imposed across-the-board 25% tariffs on steel and aluminum.

• Chinese automakers are pushing deeper into Central Asian markets through exports and manufacturing localization after Russia’s crackdown on a lucrative loophole that allowed re-exports of vehicles through Eurasian Economic Union (EAEU) member states.
• Carmakers including Chery Automobile Co. Ltd., Chongqing Changan Automobile Co. Ltd. (000625.SZ), Anhui Jianghuai Automobile Group Corp. Ltd. (JAC) (600418.SH) and Great Wall Motor Co. Ltd. have built a presence in the Kazakhstani market, which has developed a major taste for Chinese vehicles.
• Last year, China-made cars accounted for 39% of the 205,111 vehicles sold in Kazakhstan, the region’s largest economy.

• The S&P gained 0.2% to a record 6,144; Treasury yields fell, with the 10-year at 4.53%; NKY Futs -0.5% vs cash
• Listed companies’ profits are expected to reach a record ¥50 trillion for the fiscal year ending March 2025, up 6% year-on-year
• Mitsui & Co. acquired a 40% stake in the Rhodes Ridge iron ore project in Australia for ¥600 billion

• Continuing review of the sectors we like for the next phase of the HK/China bull market
• Expectations are so low that there is  a high probability of upside surprises
• An unloved sector that will rerate on any positive catalyst

• India’s data center market currently holds an approximately 3% share globally, despite generating 20% of the world’s data which signifies the scope of opportunity.
• ICRA projects India’s data center operational capacity to more than 2x with an estimated investment of Rs. 50k-55k Crs fueled by the increasing demand for colocation services.
• Management of key players like Tata Communications (TCOM IN) and Anant Raj Ltd (ARCP IN) highlight the immense growth potential of the Indian data center market.

• Good numbers from Analog Devices pointing to a bottom should help likes of Rohm and Fuji Electric.
• SMCI tear continues, will Nidec keep moving up after yesterdays gains?
• Sanken Electric +10.45% yesterday finally starting to catch a bid on ALGM gains.

• Gold leasing rates have surged from 2-3% to 6-7%, squeezing jewellers margins. Higher funding costs and volatile gold prices are forcing industry leaders to reconsider pricing strategies.
• Foreign companies in India paid the lowest tax on earnings in over 30 years in FY24, with the tax burden dropping significantly due to corporate tax cuts and GST reforms.
• Despite slow growth in India, Unilever (UL US) remains committed to its local operations, with plans to focus on expanding its beauty & wellbeing segment as part of its 2030 strategy.

• India’s E-2W witnessed strong performance in January’2025,with registrations reaching 97,680 units. While this marked a recovery from the dip in December’2024,it remained lower than peak months of March and October’2024.
• Ola Electric (OLAELEC IN) led the market,closely followed by TVS Motor (TVSL IN)&Bajaj Auto Ltd (BJAUT IN).Ather Energy (1207922D IN),Greaves Electric Mobility Ltd (GEML) (1295040D IN) also showed steady growth.
• Market continues to be highly competitive,with top three players vying for leadership. Increasing consumer adoption,new product launches, and potential IPOs from key companies indicate dynamic year ahead for E-2W industry.

• Adani Cement is actively pursuing acquisitions in South India and the North-East to boost its capacity to 140 MTPA by 2028.
• Vedanta Ltd (VEDL IN) has secured 83% creditor approval for its demerger plan, surpassing the 75% required threshold. 
• The U.S. SEC has requested India’s help in investigating Gautam Adani and his nephew over alleged securities fraud and a $265 million bribery scheme.

• China’s cloud companies like Kingsoft Cloud Holdings (3896 HK) and Ming Yuan Cloud Group (909 HK) benefit from the democratization of AI its concurrent increased data needs.
• China’s telecom companies like China Mobile (941 HK) , China Unicom Hong Kong (762 HK) and China Telecom (H) (728 HK) are now major players in the country’s AI ecosystem.
• China’s data center companies like GDS Holdings (9698 HK) , 21Vianet Group (VNET US) , and SUNeVision Holdings (1686 HK) are benefiting from the increased data needs of AI industry.

• U.S. stocks ended mixed on Tuesday, with the S&P 500 up 0.2% to a record close of 6,129
• Intel surged after reports that rivals Broadcom (AVGO) and TSMC (TSM) are considering deals to split Intel into two entities.
• Oasis Management has acquired an 8% stake in Taiyo Holdings, becoming a major shareholder

• GLD remains in an uptrend but faces resistance at $250-$252, with support at $242-$245; momentum indicators suggest a cooling-off phase.
• Investor sentiment remains bullish despite $801.89M in outflows, with 6.3% of top portfolios adding GLD and strong YTD performance.
• CME Gold options market remains bullish, with a 0.63 put-call ratio and strong call open interest at 3000, 3100, and 3250 strike levels, signaling upside expectations.

• Each week, I’ll share five intriguing investment ideas that recently caught my attention. These ideas are meant to spark your research and help you kickstart the week ahead with fresh insights.
• Because these ideas are the result of my first-level idea generation process, they require more in depth research. Therefore, the ideas will often be concise, with occasional references to valuable work from other practitioners that I encourage you to explore.
• If you have something fascinating to share that could benefit me and the wider community, don’t hesitate to send it my way—I’d love to hear from you!

• Discussion on the balance between custom ASICs and GPUs in the tech industry
• Concerns about over-excitement towards custom ASICs and potential loss of market share for GPUs
• Considerations of architectural compatibility, innovation adoption, and economic viability for custom ASICs compared to GPUs.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Reliance Industries (RIL IN) faces a major setback as Delhi High Court rules in favour of GOI in a gas dispute, accusing RIL of fraud and unjust enrichment worth $1.7 billion. 
• SEBI rejects Danny Gaekwad’s bid for a competing offer in Religare Enterprises (RELG IN) , citing lack of financial proof and inadequate due diligence.
• Amazon.com Inc (AMZN US) launches its 10-minute delivery service, Amazon Now, in Bengaluru, focusing on groceries and essentials. 

• Timing the market is considered to be a Myth of the market. The probability of achieving the timing, even with an optimistic 50% success rate per decision, is < 0.0001%.
• The returns are impacted significantly when best performing days of the market are missed. Interestingly, many of the best-performing market days occur during or immediately following a market crash
• The hedged portfolio has significantly smaller drawdowns compared to the unhedged portfolio, demonstrating how hedging can reduce portfolio losses during market downturns.

• Most Western media viewed Xi’s weekend handshake with Ma in the meeting with business leaders over the weekend as historical reconciliation. We believe it dangerously missed the mark; 
• Watch Jiang Fan…His next move to revitalize Taobao/Tmall could mean headwinds to Pinduoduo and JD.com. Taobao/Tmall performed well during CNY;
• Alibaba’s Apple grab shows its unique ecosystem position in the US-China macrocosm. JD’s entry to O2O showed it needed a new growth driver post 2025. 

• INTC +16% on the potential for a breakup should see TEL, Lasertec and Ibiden higher.
• Micron’s new SSD’ offering helping memory plays up, possibly lifting Micronics even more.
• Kokusai Electric’s short interest continues to grow despite the on going squeeze…now >10 dtc.

• The CPI jumped 0.5% in January, the largest increase since August 2023, exceeding expectations and signaling a broad-based rise in the cost of goods and services. 
• The hotter-than-expected inflation has led to a reassessment of monetary policy, diminishing hopes for rate cuts and leading the market to expect higher rates for years to come.
• The significant surge in inflation impacts consumers through higher costs and impacts the Fed’s ability to reach its 2% inflation target. 

• The cattle cycle is a long-term cyclical fluctuation in cattle inventory driven by economic signals
• Important metrics to consider include availability of female animals, profitability in feeding and cow-calf sectors
• Brazil and Australia are the main suppliers of beef to the US, with a large portion of imports being lean trim beef

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Q424 revenues for the top 5 WFE players amounted to $28.7 billion, up 10% QoQ and up 21.7% YoY and an all time record high quarterly revenue for the segment
• For the full year 2024, revenues amounted to $99.74 billion, up 7% sequentially, and slightly exceeding our forecasted 5% growth.
• WFE growth in 2025 will be similar to 2024, with slowing China spending coupled with historic over capacity across the industry countering anticipated AI & technology transition related increases 

• US market closed for Presidents’ Day; The Stoxx Europe 600 index rose 0.5%
• European defense stocks soared Monday, with BAE Systems, Thales, and Rheinmetall jumping over 7%, driven by NATO allies’ plans to boost defense budgets
• Japan’s economy grew 2.8% annually (0.7% QoQ) in the October-December period, exceeding forecasts, driven by external demand

• Many has cheered or felt relieved over Xi’s weekend meeting with the top Chinese business community. We see a closer relationship between the state apparatus and private enterprises going forward;
• January 2025 saw improvement in social financing, with meaningful recovery in corporate financing. Recovery for BOSS might be forthcoming;
• BYD dropped the bombshell in populating autonomous driving service (ADS) in sub-Rmb100K vehicles. We view it as another DeepSeek moment. The biggest loser is Tesla. Fast ADS rollout supports AGI.

• US stocks closed mixed, with the Nasdaq 100 hitting a record high, while the S&P 500 and Dow Jones fell
• The Nikkei 225 Index fell 0.9% to 39,149 on Friday, ending a three-day rally as the yen strengthened significantly.
• ASICS expects FY2025 consolidated net profit to rise 22% to ¥78bn, driven by growth in running shoes and luxury brand Onitsuka Tiger

• Meta on a 20-day winning steak with humanoid robots into the mix.
• Yakult’s spike on Friday and subsequent drop may point to more upside given big shareholder returns.
• Olympus facing a much harsher reality in China than management were initially suggesting.

• While we have been sharing monthly updates on insider buying activity in India,this time,we have taken a detour to publish it mid-month.The reason – steep decline in Indian equity market.
• Given this sharp decline in mid and small-cap stocks, there has been a notable increase in insider buying activity in recent weeks.
• As there are many companies (34 in total), we have divided this update into two parts for ease of reading. This is part 1 of the update.

• Given the sharp decline in mid and small-cap stocks, insider buying activity has notably increased in recent weeks.
• This is Part 2 of the update on companies with insider buying in February 2025.
• We expect many more companies to witness insider buying after the earnings season concludes this week.

• DeepSeek, as a domestically produced open-source model in China, combined with the rapid development of AI technology, is profoundly changing the landscape of pharmaceutical and medical industry.
• AI pharmaceuticals/AI diagnosis/AI R&D would benefit the most from DeepSeek. However, data security is an issue. The US has enacted legislation to restrict cooperation with Chinese companies due to DeepSeek.
• More and more Chinese companies have announced their integration into DeepSeek, involving multiple subsectors. We listed some representative companies and they will become attractive investment targets for investors.

• Hansoh Pharmaceutical announced that a new indication of Xinyue has been included in the Priority Review. Astellas Pharma announced positive update from the Phase 3 EV-302 clinical trial.
• CSL has received EU approval for HAE drug, Andemry. Imugene announce more positive results from its Phase 1b trial of azer-cel, an allogenic therapy in relapsed/refractory diffuse large B-cell lymphoma.
• LigaChem Bio signed technology transfer agreement for a new anticancer target antibody for the development of ADC candidates with Daan Biotherapeutics. Lupin received FDA approval for generic Atrovent Nasal Spray.

• DeepSeek has permanently changed the future of AI.  With its R1 model the company democratized AI much the same as Google did for search more than 20 years ago.
• China’s platform companies like Alibaba Group Holding (9988 HK) , Tencent (700 HK) , Baidu (9888 HK) , and Kuaishou Technology (1024 HK) have released their own AI models.
• As China’s AI industry is benefiting from DeepSeek’s cost-effective innovations, the US hyperscalers are being questioned on their ability to justify their enormous AI investments, historical and projected investments.

• Physical gold buying has surged, with COMEX vaults seeing a 115% increase in two months, pushing holdings above 2020 pandemic levels, highlighting an unprecedented demand for physical gold.
• This surge matters because it indicates major shift in global gold market, with London vault inventories decreasing and US becoming net gold importer, signaling a significant change in gold’s distribution.
• The impact is seen in rising gold prices, up 40% in 12 months, outperforming the S&P 500, as gold solidifies its position as global hedge against economic and geopolitical uncertainties.

• Japan’s tech market sees major movement with Carlyle’s 120% premium bid for Kaonavi, highlighting the stark valuation gap between Japanese and US SaaS companies.
• Many Japanese software firms trade at significantly lower multiples (4x) versus US peers (8x), attracting private equity attention.
• Japanese stocks ended the week up around 1%. Global macro concerns and inflation lifting bond yields and raising concern over a stronger yen. 

• Brokers’ top stock picks include CLAR, CICT, CNMC Goldmine, KORE, Wilmar, Parkway Life REIT, FLCT, and ST Engineering.
• Analysts recommend buying Digital Core REIT due to increased rents and leasing strength, while optimistic about Oiltek’s new orders for FY2025.
• CGSI optimistic about Seatrium with new MOU for second bp FPU; OCBC boosts fair value. Citi downgrades SGX to ‘sell’. PhillipCapital maintains ‘accumulate’ rating on BRC Asia, raises TP to $3.15. Maybank Securities maintains ‘buy’ rating on SingPost. DBS upgrades Elite UK REIT to ‘buy’.

• India is adapting to tougher US sanctions on Russian oil by rebuilding supply chains with non-sanctioned merchants, tankers, and insurance providers. 
• Unilever (UL US)  plans to invest in India’s beauty and wellness sector, expecting improved demand conditions mid-term after fiscal stimulus.
• British American Tobacco (BATS LN) will divest its 15% stake in ITC Hotels at the “best moment,” aiming to maximize shareholder value, following ITC Hotels demerger from ITC Ltd (ITC IN)  earlier.

• Despite DeepSeek (DPSK12 CH)’s breakthrough with minimal chips, hyperscalers remain undeterred, planning $315 billion in FY25 capex to expand AI and cloud infrastructure.
• This sustained high capex underlines tech giants’ confidence in long-term AI growth, ensuring a competitive edge and reinforcing their market leadership.
• Investors should see this aggressive capex commitment as a signal of robust future revenue potential, even amid disruptive cost-saving innovations.

• ADX Energy (ADX AU)C; Target price of A$0.30 per share: New acreage in Austria increases prospect inventory with a focus on low risk, shallow gas – ADX’s acreage in Austria has been modified to include additional near-term, low-risk gas prospects, as well as high-impact, higher-risk opportunities.
• One focus of the 2025 program is to drill shallow, low-risk, high initial production gas prospects that can be rapidly put into production.
• ADX has more than tripled the number of these prospects within its revised acreage positions at ADX-AT-I and ADX-AT-II, holding 100% WI in the new prospects.

• Disclaimer: Podcast does not provide investing advice
• Discussion on AI, data centers, and electrification trends
• Concerns about potential oversupply of data centers and energy optimization in the future

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• US stocks rose on Thursday, with the S&P 500 adding 1% and the Nasdaq Composite rising 1.5%. Nvidia and Tesla led the tech-heavy Nasdaq’s rally
• After hours, Applied Materials (-5%) forecast Q2 revenue of around ¥830bn, below market estimates
• Carlyle Group will acquire Japanese HR systems provider Kaonavi in a ¥50bn deal, offering ¥4,380 per share, a 120% premium

• The YTD rally in the Hong Kong and China markets has made it appealing for highly leveraged and outperforming stocks to make placements to raise fresh equity.
• GDS Holdings (9698 HK), China Youran Dairy Group (9858 HK), Shandong Gold Mining (1787 HK), Zhaojin Mining Industry (1818 HK), and BYD Electronics (285 HK) are possible candidates.
• Four of the top 30 YTD best-performing Hang Seng Composite stocks have made placements in the last three months, raising a total of HK$1.3bn with mixed performance since then.

• Intel jumping on news of possible fab JV with TSMC for US production 
• AMAT numbers missed after market on the impact from China curbs. Largely expected but a slight negative for JP SPE to start 
• Good numbers from Sony with GN&S trending well and Sumitomo Forestry new MTD surprises to the upside. 

• Sustained trade wars can unintentionally reduce carbon and GHG emissions and historical analysis suggests achieve climate benefits at least as good as structured climate policies.
• If trade had grown only as fast as GDP, average reduction in CO₂ emissions over the last decade would have easily matched the Paris Climate targets.
• Tariffs, driven by economic nationalism, are impactful, easier to implement and gain public support than carbon taxes or CBAM, so should be part of the long-term carbon solution.

• Analysts are bullish on FEHT due to strong second half fiscal year 2024 hotel revenue per available room (RevPAR) and merger and acquisition (M&A) prospects.
• DBS is cautious about the long-term market gains from China’s AI breakthrough, expressing skepticism about its potential impact on boosting the market.
• CGSI has upgraded ISDN to ‘add’ and raised their target price to 35 cents, citing an industrial automation-led recovery as the reason for the upgrade.

• OS Therapies is a clinical-stage cancer immunotherapy company that develops treatments for osteosarcoma and other solid tumors.
• Lead drug OST-HER2 is in a Phase 2b study for recurrent, fully resected, lung metastatic osteosarcoma.
• The company recently acquired the Listeria-based immunotherapy platform underlying OST-HER2, also gaining clinical programs for lung and prostate cancers.

• Investors are rightfully looking at AI investments, but it can be difficult to find the right ones.
• They might be just straight big tech companies like Google or Microsoft, or they might be private, like OpenAI. So, what should investors look for in SMID-cap AI stocks?
• First, the fundamentals of investing still apply. Investors need to consider business fundamentals (revenue growth potential is critical), market position (watch the competition), management (the ability to handle the inevitable ups and downs of a SMID-cap tech company), and valuation (relative to its peers is a good place to start).

• In yesterday’s initial comment, we already zoomed in on the bank’s 4Q24 and FY24 results. On an overall, basis, we were pleased with the results and with NII in particular.
• We feel that the FY25 NII guidance has been adequately substantiated in the FY25 results presentation slides.
• We were also pleased wit the development in costs on an underlying basis. We feel that management’s guidance of flattish costs (excl. one-offs) is based on a clear foundation. 

• India’s retail inflation fell to a 5-month low in January due to easing food prices, while industrial production growth slowed.
• Hindustan Petroleum (HPCL IN)  has signed an initial agreement with NTPC Ltd (NTPC IN) to explore LNG sourcing, aiming to support India’s rising gas-based power generation.
• Sebi’s regulatory crackdown on risky derivatives trading has caused a major revenue hit for Indian online brokerages, with trading volumes down 70%.

• Strong January CPI raised inflation concerns and doubts about Fed rate cuts, fueling speculation that rates may stay on hold through 2025.
• Reddit (RDDT) fell 12% on earnings miss and Trade Desk (TTD) dropped 25% after missing Q4 sales and weak Q1 guidance.
• Japan’s machine tool orders fell 18.8% month-on-month to ¥116.1 billion in January, but rose 4.7% year-on-year, driven by continued export demand

• Strong quarter with big surprise on EPS and above-expectation guidance
• Positive performance in PCs and automotive sectors, with design wins and partnerships
• Concerns over competitive landscape and market expectations, but overall solid performance from Qualcomm and potential for growth opportunities in the future

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Softbank racking up big losses in 3Q but market looking to Stargate.
• Japanese cosmetics names continue to struggle with Kose missing after Shiseido the day before.
• Toray’s -12% drop yesterday looks excessive given the overall outlook remains buoyant.

• Q&M aims to improve margins after expansion phase, says Phillip Securities, indicating positive outlook for the company.
• DBS remains optimistic on GuocoLand following strong 1HFY2025 performance, highlighting potential growth opportunities.
• Wilmar faces challenges in China operations, but UOB Kay Hian anticipates a brighter future ahead, suggesting positive changes. Analysts raise DBS target prices above $51, predicting capital returns for investors.