John Chou has more than 10 years of experience in equity research, focusing on Greater China consumer discretionary. What I am Known For Update investors with latest industry/market trends and key fundamental implications via channel checks. How I am Different Anta: We believe that the latest buyside expectations are lower than industry practitioners. We are
What I am Known For How I am Different Software & Services The “LDD” thematic (Localization, Digitization & De-carbonization) – Glodon, Baosight and Zhejiang Supcon our top picks. We identified industrial software as a multi-year high-growth, but under-researched, sub-sector that is poised to be significantly re-rated. In the past 6 months, these stocks have risen and
What I am Known For How I am Different Communication Services 5G became source of the US-China tech war. We correctly predicted in our 2017 report “The Geopolitics of 5G and IoT” that there are significant geopolitical considerations in 5G’s development, and it would become a national race for China and the US. The subsequent
What I am Known For How I am Different Utilities Price cut unleashes pent-up demand. Demand for Distributed PV remained strong, contributing 58% of FY22 installations in China while utility-scale installations were delayed with high prices along the value chain. We see strong growth potential in 2023. As Poly capacities ramp up, and with prices falling
What I am Known For How I am Different Industrials The down-cycle in the construction machinery sector might not be as bad as expected. History suggests that 2021 was the start of a five-year downcycle, but we are less bearish, as we see demand hovering at historically high levels to be supported by 1) emission
What I am Known For How I am Different We are the only team on the street covering the entire EV value chain from materials, batteries to OEMs, with proprietary databases and regular on-the-ground channel checks. Our research on the impact of Huawei’s value chain in 4Q21 and cautious view on battery value chain generated