Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Experienced Analyst/PM in Asia-focused, long-short, equity hedge funds. Top-down macro overview  generating investment themes and ideas, before moving to sector and stock selection.
The analysis of macro themes can inform your own macro strategy and/or provide a backdrop for your own stock specific research.
All information is from publicly available sources and ideas are based on our own views and analysis.

Macro Overview: A Review of Recent Events Impacting Our Investment Themes

Starting to Glitter (Luk Fook Holdings 590.HK)

2024 High Conviction Idea: The Case for a Rotation Out of Japan into Hong Kong - Part 2

Technically Speaking: Japan Meets Resistance and Hong Kong Finally Breaks Downtrend

Hong Kong: A Tale of Two Markets and When to Re-Enter

Equity Bottom-Up

Luk Fook Holdings Intl / Equity Bottom-Up

<ul>
<li>March Same-Store sales in China disappoint mainly due to diamond jewellery demand</li>
<li>Overall, gold demand in China continues to rise both in the retail and the official sector</li>
<li>Visitor arrivals to Hong Kong pick up but are still ~40% below pre-Covid levels.</li>
</ul>


March Same-Store sales in China disappoint mainly due to diamond jewellery demand
Overall, gold demand in China continues to rise both in the retail and the official sector
Visitor arrivals to Hong Kong pick up but are still ~40% below pre-Covid levels.


Luk Fook Holdings Intl

Luk Fook 590.HK – Losing Its Shine?