Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

XM/Xiaomi (1810 HK): Pessimistic About Industries Can Be Wrong

Xiaomi (1810 HK): Calendar Spreads and Other Top Trades Ahead of Earnings

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/xiaomi-corporation-class-b" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi (1810 HK)</a> smartphone ASP grew 25% QoQ thanks to the premiumization strategy, which helps to cover the bleeding from the EV unit. </li>
<li>The ASP hike unfortunately won't be enough to cover the ongoing loss from the EV unit, even from the dual-screen new units. </li>
<li>With the launch of Beijing Phase II and SkyNomad SUV series, Xiaomi may be able to sell more than 40,000 units/month, which adds back RMB 2.6 billion. </li>
</ul>



Xiaomi (1810 HK) smartphone ASP grew 25% QoQ thanks to the premiumization strategy, which helps to cover the bleeding from the EV unit. 
The ASP hike unfortunately won't be enough to cover the ongoing loss from the EV unit, even from the dual-screen new units. 
With the launch of Beijing Phase II and SkyNomad SUV series, Xiaomi may be able to sell more than 40,000 units/month, which adds back RMB 2.6 billion. 


Xiaomi

Xiaomi (1810): Hinges on the EV