Quam Securities

Since its inception in 1986, Quam Securities Limited (Quam Securities) has grown to become one of the few mid-tier securities brokerages in Hong Kong with global execution capabilities for both private and institutional clients. It boasts a well-established network in Greater China including Taiwan and in major world markets through the Global Alliance Partners (GAP). Quam Securities is well-positioned not only to harness and drive business within the China Tonghai International Financial Limited but also between China and the world markets.

Research from Quam Securities

Research from Quam Securities, Quam Securities

Quam Securities Research

Thematic (Sector/Industry)

China Semiconductors and semiconductor equipment / Thematic (Sector/Industry)

<ul><li>The HSI opened 103 points lower and remained weak, slipping below the 26,000 level.</li><li>The surge in energy costs heightened concerns over inflation and its potential impact on global growth, weighing on risk appetite.</li><li>The semiconductor sector was strong throughout the day, with Sunmoon Microelectronics (688699 CH), Cambricon Technologies (688256 CH), and VeriSilicon Microelectronics (688521 CH) hitting their daily limit.</li></ul>

The HSI opened 103 points lower and remained weak, slipping below the 26,000 level.The surge in energy costs heightened concerns over inflation and its potential impact on global growth, weighing on risk appetite.The semiconductor sector was strong throughout the day, with Sunmoon Microelectronics (688699 CH), Cambricon Technologies (688256 CH), and VeriSilicon Microelectronics (688521 CH) hitting their daily limit.

Verisilicon Microelectronics S (688521 CH)

Quam Morning Note (4 May)