Jacky He

Hong Kong, Telecommunications

+852 3743 8084

Jacky He joined Jefferies in August of 2021, following one year as an equity research analyst at China Renaissance covering China technology hardware. Prior to this, he worked as an investment banking analyst at China Securities International. Jacky currently focuses on China technology hardware, and closely follows China semiconductor industry

What I am Known For

  • In-depth understanding of technology hardware and semiconductor industry for both China/oversea markets especially on Apple supply chain
  • Wide range of resources closely monitoring the supply chain dynamics to generate new ideas constantly
  • Detailed modelling and databases to provide comprehensive analysis on industry and company
  • Strong connection to a plenty of companies’ management to help arrange bespoke meetings

How I am Different

  • Sensitive on industry dynamics and generate up-to-date ideas in a timely manner: We have been +ve/-ve on Apple/Android supply chain on selected names since early this year, and related names’ stock price performances has well played out our thesis, while we noticed the sign of change and thus recommend +ve/-ve for Android/Apple names now
  • Provide long-term high-conviction investment ideas to value investors: We initiated Cowell at street-high price target, and discussed our thesis deeply for solid growth story. We also share our conservative view on XR in near-term, but provide our in-house forecast of long-term TAM with comprehensive arguments which is still under-research on the street.

Key Research Highlights

Upcoming Corporate & Strategic Access

  • China Semiconductor Localization Trip – Mar 2024.
  • China smartphone expert calls – Mar/Jul 2024.
  • China optical module expert call – Apr 2024.
  • China AI expert calls – Jul 2024.
  • SEMICON Taiwan Trip – Sep 2024.
  • China semi and hardware trip – Sep 2024.
  • China Expert Day: Technology – Nov 2024.