DOCSLIB.ORG

Gl B L E It M K T P F Global Equity Market Performance

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Gl B L E It M K T P F Global Equity Market Performance Weekly Equity Capital Markets Newsletter Piper Jaffray Asia Securities Limited October 10, 2011 Glo ba l Equit y Mark et Per formance Global Equity Market Update Piper Jaffray Asia Capital Markets Group U.S. stocks rose last week amid optimism that European leaders J. West Riggs (Head of Asia ECM), [email protected], Tel: 852 3755 - 2333 will tame the region’s debt crisis and after American economic data improved. The European Central Bank president announced a bond- Michael Cheung (Principal), [email protected], Tel: 852 3755 - 2323 purchase program to tackle the debt crisis. Stocks rose as a report Amanda Lui (Associate), [email protected], Tel: 852 3755 - 2318 showed that claims for U.S. unemployment benefits rose less than ftforecast ltlast week. USU.S. LbLabor DttDepartment dtdata shdhowed payrolls Michlhael Bassett (Associate), michlhael.w. [email protected], Tel: 852 3755 -2322 climbed by 103,000 workers in September after a revised 57,000 increase in August. Raw-material producers in the S&P 500 surged Gaby Zhang (Analyst), [email protected], Tel: 852 3755 - 2321 6.2 percent last week, the most among ten groups. Last week, the Morgan Stanley Cyclical Index advanced 4.4 percent, the Dow rose 1.7 percent to close at 11,103.1, the NASDAQ gained 2.6 percent to close at 2,479.4 and the S&P500 was up 2.1 percent— Global Market Performance breaking a two-week losing streak—to close at 1,155.5. Performance (%) European stocks advanced for a second week as the European Central Bank announced the reintroduction of year-long loans— Last price 1 day 1 week 1 month 2011YTD giving banks access to unlimited cash through January 2013—and Global Indices U.S. jobs data spurred optimism the world’ s largest economy will avoid a recession. The Bank of England said last week that it will Dow Jones 11,103.1 (0.2%) 1.7% (2.7%) (4.9%) boost bond purchases as government budget cuts and Europe’s debt S&P500 1,155.5 (0.8%) 2.1% (3.6%) (9.2%) crisis jeopardize Britain’s economic recovery. The Monetary Policy Committee raised the ceiling for quantitative easing to 275 billion NASDAQ 2,479.4 (1.1%) 2.6% (2.7%) (7.9%) pounds ($423 billion) from 200 billion pounds. National benchmark indexes gained in 14 of Europe’s 18 western markets. France’s CAC FTSE 5,303.4 0.2% 3.4% (0.3%) (10.1%) 40 rallied 3.8 percent and Germany’s DAX increased 3.2 percent. Last Asian Indices week, the benchmark Stoxx Europe 600 Index advanced 2.6 percent to reach 231.9, while the FTSE rose 3.4 percent to close at 5,303.4. Hang Seng 17,707.0 3.1% 0.7% (11.7%) (24.4%) Asian stocks pared weekly losses amid optimism Europe will act to HSCEI 8,887.5 3.7% (0.3%) (15.7%) (31.0%) contain its debt crisis. Markets in mainland China were closed for a Shanghai A 2,471.1 0.0% 0.0% (6.2%) (16.0%) weeklong holiday. The MSCI Asia Pacific Index slid 0.2 percent to 112.95 last week as the European Commission pushed for a Nikkei 225 8,605.6 1.0% (1.1%) (1.8%) (15.9%) coordinated capital injection for banks. Last week, the Nikkei was down 1.1 percent to close at 8,605.6. HK Weekly Market Update Global Indices Performance (Rebased to 100) Hong Kong stocks rose, posting their first weekly gain in five weeks 200 as Europe-related shares advanced amid optimism officials will protect banks from the region’s debt crisis. Stocks also rose after 180 the Hong Kong Securities and Futures Commission said it would monitor short-selling in the local stock market after seven 160 brokerages called for a ban on the practice. Last week, the Hang Seng Index gained 0.7 percent to close at 17,707.0, while the HSCEI 140 slid 0.3 percent to close at 8,887.5. 120 Among Index constituents, 41 gained and five declined. Among gainers, China Overseas Land & Investment increased 26.0 percent, 100 China Resources Land was up 18.6 percent and Ping An Insurance (Grp) Co of China gained 18.5 percent. Among losers, China Mobile 80 slid 2.0 percent, China Petroleum & Chemical Corporation (Sinopec) fell by 2.1 percent and The Hong Kong and China Gas 60 Company declined 3.5 percent. 1-Jan-09 21-Jul-09 8-Feb-10 29-Aug-10 19-Mar-11 7-Oct-11 AdAAdiccorddiingng toto SfSouf un H Hoold ldiings,ngs, ththe countrycountry ’s bibiggestgges t real estateesta te S&P 500 NASDAQ FTSE Hang Seng Shang ha i A Webwebsite site owner, owner, China’s China’s home home prices prices drop drop for for the the first first time time in in a a year. year.Prices Prices fell 0.03 fell percent0.03 percent from froma month a month earlier earlier in September. in September. Residential prices rose in 54 of 100100 cities tracked by Soufun and fell in 44 cities, with average home vavalueslues nationwide at 8,877 yuan HSI Sectoral Weekly Performance ($1,396) a square meter. 5.0% 3.9% HSI Weekly Performance 4.0% 3.0% 17,707.0 15 17,172.3 18,000 16,822.2 2.0% 1.0% 10 16,250.3 17,000 10%1.0% 5 9.8 10.8 10.6 16,000 9.7 0.0% 0 15,000 (1.0%) (0.3%) 3-Oct-11 4-Oct-11 6-Oct-11 7-Oct-11 (0.6%) Property Finance Comm/Indu Utilities Turnover (in US$ billion) Close Source: DataStream, Reuters, Hang Seng Index Website 1 Weekly Equity Capital Markets Newsletter Piper Jaffray Asia Securities Limited October 10, 2011 Piper Jaffra y China Inde x PJ China Index Performance Since January 2009 Sector Breakdown and Performance(1) Current Level: 1,176.60 Financial/Real Estate 6% 3,000 Health Care 10% Telecom , Media & 2,500 Technology 37% Clean Tech/Energy 12% 2,000 1,500 Consum er 14% Business Services and Industrial Growth 1,000 21% 4.0% 2.3% 500 2.0% 1-Jan-09 21-Jul-09 8-Feb-10 29-Aug-10 19-Mar-11 7-Oct-11 0.0% PJ China Index (2.0%) (1.7%) (2.3%) (4.0%) Week-to-date change (14. 29) -120%1.20% (6.0%) (4.9%) (5.0%) 2011 Year-to-date change (1,473.51) -55.60% (8.0%) LTM change (1,142.79) -49.27% (10.0%) (12.0%) 6-month change (1,356.15) -53.54% (12.5%) (14.0%) 2011 Year-to-date high (pts) 2,788.24 18-Jan-11 Clean Tech/Energy Telecom, Media & Technolo 2011 Year-to-date low (pts) 1,118.28 3-Oct-11 Business Services and Industrial Growth Health Care Consumer Financial/Real Estate Top Five Weekly Gainers and Losers 40.0% 29.6% 24.1% 22.8% 30.0% 20.1% 14.8% 20.0% 10.0% 0.0% (10.0%) (20.0%) (30.0%) (20.8%) (21.6%) (23.3%) (23.8%) (40.0%) (50.0%) (46.4%) (60.0%) JinkoSolar VanceInfo Fushi AsiaInfo-Linkage Sky Mobi VisionChina Lentuo Le Gaga China Real CDC Software Holding Technologies Copperweld Media International Holdings Estate Information Note: (1) Sector Breakdown as of Oct 7, 2011; Sector Performance chart represents weekly percentage change (2) Piper Jaffray China Index is a modified market capitalization weighted index comprised of U.S. exchange listed securities of companies with significant exposure to the Chinese economy and market capitalization between US$100m and US$2b. The index was developed with a base level of 1,000 as of January 1, 09 (Please refer to the last page of this report for constituents) Source: Bloomberg 2 Weekly Equity Capital Markets Newsletter Piper Jaffray Asia Securities Limited October 10, 2011 Macro Indicators and Global Currencies Performance – Since January 2009 Gold (UBS-IB) Copper (NYC) CBOE Volatility Index (VIX) US$/oz US$/lb Current Level: US$1,638.6 per ounce Current Level: US$3.301 per pound Current Level: 36.20 2,000 5 60 1,800 50 4 1,600 40 1,400 3 30 1,200 2 20 1,000 800 1 10 1-Jan-09 21-JlJul-09 8F8-Fe b-10 29-Aug-10 19-Mar-11 7-Oct-11 1-Jan-09 21-JlJul-09 8F8-Fe b-10 29-Aug-10 19-Mar-11 7-Oct-11 1-Jan-09 21-JJlul-09 88F-Feb -10 29-Aug-10 19-Mar-11 7-Oct-11 Spot WTI Crude Stowe Global Coal Index Baltic Dry Index US$/barrel Current Level: US$82.98 per barrel Current Level: 4,354.58 Current Level: 2000 120 8,000 5,000 110 70007,000 4,000 100 6,000 90 3,000 80 5,000 70 4,000 2,000 60 3,000 50 1,000 2,000 40 30 1,000 0 1-Jan-09 21-Jul-09 8-Feb-10 29-Aug-10 19-Mar-11 7-Oct-11 1-Jan-09 21-Jul-09 8-Feb-10 29-Aug-10 19-Mar-11 7-Oct-11 1-Jan-09 21-Jul-09 8-Feb-10 29-Aug-10 19-Mar-11 7-Oct-11 Euro Sterling Japanese Yen EUR/US$ GBP/US$ JPY/US$ Current Level: 1.3375 Current Level: 1.5558 Current Level: 76.71 1.6 1.8 105 151.5 171.7 100 1.4 1.6 95 1.3 1.5 90 1.2 1.4 85 1.1 1.3 80 1.0 1.2 75 1-Jan-09 21-JlJul-09 8F8-Fe b-10 29-Aug-10 19-Mar-11 7-OtOct-11 1J1-Jan- 09 21- Ju l- 09 8F8-Fe b10b-10 29- Aug- 10 19- Mar- 11 7O7-Oc t11t-11 1J1-Jan- 09 21- Ju l- 09 8F8-Fe b10b-10 29- Aug- 10 19- Mar- 11 7Ot117-Oct-11 Source: DataStream, Reuters 3 Weekly Equity Capital Markets Newsletter Piper Jaffray Asia Securities Limited October 10, 2011 HK and UUS.S.
Load more

Recommended publications
  • In a Year of Contraction, Asia Feels the Ripple Effect of Mifid II 2016 Greenwich Leaders: Asian Equities
    In a Year of Contraction, Asia Feels the Ripple Effect of MiFID II 2016 Greenwich Leaders: Asian Equities Q1 2017 Three global brokers are pulling away from the pack in the Asian equity research/advisory business—a break from historical patterns characterized by a more gradual slope among major competitors. Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley are statistically deadlocked atop the list of 2016 Greenwich Leaders in Asian Equity Research/Advisory Vote Share. These three firms have opened a significant lead over UBS, CLSA Asia-Pacific Markets and J.P. Morgan, which are also virtually tied in terms of vote share and round out the list of this year’s winners. In Asian Equity Trading, the same three firms are statistically tied for the top spot in overall share, but in this business, their lead over fellow Greenwich Share Leaders CLSA, UBS and Citi is much narrower. In the growing algorithmic trading business, Bank of America Merrill Lynch widened its lead over the competition. Credit Suisse and Morgan Stanley claim the title of 2016 Greenwich Quality Leaders in Asian Equity Research Product & Analyst Service, and Greenwich Share Leaders — 2016 GREENWICH ASSOCIATES Greenwich Share20 1Leade6r Asian Equity Research/Advisory Vote Share Asian Equity Algorithmic Trading Share Broker Statistical Rank Broker Statistical Rank Credit Suisse 1T Bank of America Merrill Lynch 1 Bank of America Merrill Lynch 1T UBS 2T Morgan Stanley 1T Morgan Stanley 2T UBS 4T Credit Suisse 2T CLSA Asia-Pacific Markets 4T Goldman Sachs 5T J.P. Morgan 4T Citi 5T ITG 5T Asian Equity Trading Share, Options & Volatility Product Important Relationships—Asia Broker Statistical Rank* Broker Statistical Rank Morgan Stanley 1T Morgan Stanley 1T Bank of America Merrill Lynch 1T Goldman Sachs 1T Credit Suisse 1T Bank of America Merrill Lynch 3T CLSA Asia-Pacific Markets 4T Deutsche Bank 3T UBS 4T J.P.
    [Show full text]
  • Espinal, Et Al. V. Didi Global Inc., Et Al. 21-CV-05807-U.S. District Court
    Espinal v. Didi Global Inc. et al, Docket No. 1:21-cv-05807 (S.D.N.Y. Jul 06, 2021), Court Docket Current on Bloomberg Law as of 2021-07-08 13:03:33 U.S. District Court Southern District of New York (Foley Square) CIVIL DOCKET FOR CASE #: 1:21-cv-05807-LAK Espinal v. Didi Global Inc. et al Date Filed: Jul 6, 2021 Nature of suit: 850 Securities/ Commodities Assigned to: Judge Lewis A. Kaplan Cause: 15:77 Securities Fraud Jurisdiction: Federal Question Jury demand: Plaintiff Parties and Attorneys Plaintiff Rafaela Espinal individually and on behalf of all others similarly situated Representation Gregory Bradley Linkh Glancy Prongay & Murray LLP 230 Park Avenue Suite 358 New York, NY 10169 (212) 682-5340 [email protected] ATTORNEY TO BE NOTICED Defendant Didi Global Inc. formerly known as: Xiaoju Kuaizhi Inc. Defendant Will Wei Cheng © 2021 The Bureau of National Affairs, Inc. All Rights Reserved. Terms of Service // PAGE 1 Espinal v. Didi Global Inc. et al, Docket No. 1:21-cv-05807 (S.D.N.Y. Jul 06, 2021), Court Docket Defendant Alan Yue Zhuo Defendant Jean Qing Liu Defendant Stephen Jingshi Zhu Defendant Zhiyi Chen Defendant Martin Chi Ping Lau Defendant Kentaro Matsui Defendant Adria Perica Defendant Daniel Yong Zhang Defendant Goldman Sachs (ASIA) L.L.C. Defendant Morgan Stanley & Co. LLC Defendant J.P. Morgan Securities LLC Defendant Bofa Securities, Inc. Defendant Barclays Capital Inc. Defendant China Renaissance Securities (Hong Kong) Limited Defendant China International Capital Corporation Hong Kong Securities Limited © 2021 The Bureau of National Affairs, Inc.
    [Show full text]
  • Landscape Portrait
    CLSA (UK) ORDER EXECUTION POLICY 1 General Information about this Policy 1.1 Background CLSA UK (“CLSA”) provides general broker dealer and other ancillary services to its clients. It is authorised and regulated by the Financial Conduct Authority of the United Kingdom (the "FCA") and is an investment firm subject to the requirements of the rules of the FCA (the “FCA Rules”) that implement the Markets in Financial Instruments Directive 2014/65/EU ("MiFID II"). CLSA executes orders in relation to financial instruments on behalf of its clients. There are two methods that it can use to execute those orders that are distinguished for the purposes of the FCA Rules. (A) First, CLSA can execute the relevant transaction on behalf of the client directly with a counterparty or on an exchange or other trading system (e.g., by dealing directly with a market maker on a “request for quote” basis). The counterparty, exchange or trading system with which CLSA chooses to execute such a transaction is referred to in this policy as an “Execution Venue”. In accordance with the FCA Rules, an Execution Venue can include an EEA regulated market, or other exchange, a multilateral trading facility, organised trading facility, a systematic internaliser, a market maker or other liquidity provider or non-EEA entity performing similar functions to the Execution Venues listed above. (B) Secondly, CLSA can place an order as agent with a third party (e.g., another broker or investment bank) and/or any of its affiliates for that third party or affiliate to execute on behalf of the client.
    [Show full text]
  • China 2025 16
    China | Equity Strategy China 14 December 2014 EQUITY RESEARCH China The Year of the Ram: Stars Aligned for a Historic Bull Run Key Takeaway The Ram, the Bull and the Heavenly Twins – the stars are now aligned for China’s historic bull-run. China's stock market offers massive untapped potential given the high savings rate and low penetration. “Keeping Growth Steady” is a top priority for 2015; we expect SHCOMP and HSCEI to test 4,050 and 15,420, up 38% and 37% from current levels. As confidence gains momentum, volatility becomes the investors’ best friend. CHINA China Gallops into a Historic Bull Run. On Nov 20, 2013, we wrote “The Year of the Horse will see China unleash its full potential, as President Xi ushers in a new era of profound change.” “We expect capital markets to gradually gain confidence in China’s ability to drive fundamental reforms and expect Chinese stocks to enter a historic multi-year bull run.” Indeed, 2014 has been a remarkable year. As of Dec.12, SHCOMP surged 39% to 2938, breaking a seven-year bearish trend to become the best performing index in the world. China Stock Market: Massive Untapped Potential. According to China Household Finance Survey, property accounted for 66.4% of total Chinese household assets in 2013. Financial assets accounted for a mere 10.1% of household wealth. While over 61% of Chinese families have bank deposits, only 6.5% of them invested in the stock market. Given China’s high savings rate and low stock market penetration, we believe the A-share market offers significant upside potential.
    [Show full text]
  • Wanda Woo PARTNER
    Wanda Woo PARTNER Corporate Hong Kong [email protected] 852-39724963 FOCUS AREAS HIGHLIGHTS Capital Markets Experienced Hong Kong Capital Markets Practitioner Wanda advises on IPOs, share placings, rights offerings, bond offerings, and other corporate Corporate compliance work associated with the Stock Exchange of Hong Kong and the Hong Kong Greater China Securities and Futures Commission. Mergers & Acquisitions Represents Leading Investment Banks Private Equity Wanda works with top-tier investment banks such as Morgan Stanley, Bank of America Merrill Lynch, CICC, Citi, and JP Morgan. A Recognized Practitioner Wanda has been recognized as a leading capital markets attorney by The Legal 500 Asia Pacific. EXPERIENCE Wanda Woo is a partner in the Hong Kong office of Wilson Sonsini Goodrich & Rosati, where she focuses on Hong Kong capital markets transactions, including initial public offerings, share placings, rights offerings, bond offerings, and other corporate compliance work associated with the Stock Exchange of Hong Kong and the Hong Kong Securities and Futures Commission. Wanda has extensive experience advising issuers and underwriters in these transactions, counseling clients on HKSE listing rules, and working with top-tier investment banks such as Morgan Stanley, Bank of America Merrill Lynch, CICC, Citi, and JP Morgan. She began her career with a magic-circle firm and worked at two leading international law firms before joining WSGR. Wanda speaks Cantonese, English, and Mandarin. CREDENTIALS Education Postgraduate Certificate in Laws, City University of Hong Kong, 2008 LL.B., University of London, 2006 B.A., Economics and English, The University of British Columbia, 2002 Associations and Memberships Member, Hong Kong Law Society Honors Copyright © 2021 Wilson Sonsini Goodrich & Rosati.
    [Show full text]
  • Investor Relations
    INVESTOR RELATIONS The Manager proactively maintains timely and effective Analyst teleconferences and briefings on MIT’s financial communications with its stakeholders, with the aim of results are held quarterly. The “live” audio webcasts of MIT’s building and strengthening long-term relationships. half-year and full-year financial results allow Management to address online queries from the investment community. The recordings are available for download on MIT’s website. ACTIVE ENGAGEMENT WITH STAKEHOLDERS In addition to analyst teleconferences and briefings, the The Manager engages the investment community Mapletree Year-End Analyst Event, which was jointly through meetings, teleconferences, investor conferences organised by all Mapletree REITs, was an opportunity for and roadshows. In FY16/17, the Manager met over Management to interact with analysts in an informal setting. 140 institutional investors and participated in investor conferences and roadshows in Singapore, Hong Kong, Kuala Lumpur and London. The Manager also participated TIMELY AND TRANSPARENT DISCLOSURES in initiatives to engage new investors through SGX-CLSA- REITAS S-REITs Conference1 in Seoul and Mapletree REITs All announcements and press releases are promptly Day in Bangkok. The Manager also organised property issued through SGXNET and MIT’s websites. Pertinent tours for investors who are interested to know the MIT information including annual reports, investor presentations portfolio better. and portfolio details is updated regularly on MIT’s website. Stakeholders can contact the Investor Relations Department The Manager continues to engage retail investors through via a dedicated email address, and receive updates on MIT the REITs Symposium. The one-day event featured booth through the email alert service.
    [Show full text]
  • Citi Fourth Quarter 2015 Earnings Review Host Susan Kendall, Head
    TRANSCRIPT Citi Fourth Quarter 2015 Earnings Review Friday, January 15, 2016 Host Susan Kendall, Head of Investor Relations Speakers Michael Corbat, Citi Chief Executive Officer John Gerspach, Citi Chief Financial Officer ____________________________________________________________________________________ PRESENTATION OPERATOR: Hello and welcome to Citi's Fourth Quarter 2015 Earnings Review with Chief Executive Officer Mike Corbat and Chief Financial Officer John Gerspach. Today's call will be hosted by Susan Kendall, Head of Citi Investor Relations. We ask that you please hold all questions until the completion of the formal remarks, at which time you will be given instructions for the question-and-answer session. Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time. Ms. Kendall, you may begin. SUSAN KENDALL: Thank you, Brett. Good morning and thank you all for joining us. On our call today, our CEO, Mike Corbat, will speak first. Then, John Gerspach, our CFO, will take you through the earnings presentation, which is available for download on our website, citigroup.com. Afterwards, we'll be happy to take your questions. Before we get started, I would like to remind you that today's presentation may contain forward-looking statements which are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results in capital and other financial condition may differ materially from these statements due to a variety of factors, including the precautionary statements referenced in our discussion today and those included in our SEC filings including, without limitation, the Risk Factors section of our 2014 Form 10-K.
    [Show full text]
  • Market Insight – October 2019
    SYDNEY MELBOURNE Level 15 Level 9 60 Castlereagh Street 41 Exhibition Street SYDNEY NSW 2000 MELBOURNE VIC 3000 Tel 61 2 9235 9400 Tel 61 3 9653 8600 Market Insight – October 2019 “Movers & Shakers” INVESTMENT & CORPORATE BANKING Investment Banking • Hein Vogel has departed Investec where he was Head of Emerging Companies & Financial Services. • Duncan Hogg who was Managing Director, Investment Banking at BAML has joined EY as a Partner in Sydney. • Steven Boggiano has joined Allier Capital as Managing Director. Steven previously founded Magnes Capital and was also Managing Director & Head of Healthcare, Consumer, Retail & Real Estate at Barclays. • Anna Ellis previously Investment Director with Besen in Melbourne, has also joined EY as Director, PE & Deal Origination, Transaction Advisory Services. • Grant Mansell has joined Investec as Director, Corporate Advisory. He has prior experience as Director, M&A with HSBC. Pierre Josset also joins Investec’s Corporate Advisory team, he was previously an Associate with Aura Group. • Nomura has hired Srihari Sharma as a Senior Associate, FIG from Investec, Ben St Claire as an Associate from Blackpeak Capital and Henry Ball, ex EY as an Investment Banking Analyst, Consumer, Retail & Healthcare. • Benjamin Gribble has joined Houlihan Lokey as an Associate, he was previously with Moelis Australia as an Investment Banking Associate & Houlihan Lokey in London. • Nicholas Tregoning joined Moelis Australia as Senior Analyst, Investment Banking, Nicholas joins from Shaw & Partners. • Gigi Li has joined Ironstone Capital as an Analyst from KPMG. • Samantha Riegel (ex FTI Consulting) & Ice Tan & have joined Highbury Partnership as Analysts. • Macquarie Capital has hired Anthony Yao, ex Lazard, as an Analyst in the General Industrials teams, Rita Dalton joins as an Analyst in the TMET team from Nomura & James Watkins ex Flagstaff Partners Analyst joins the firm’s resources team.
    [Show full text]
  • Interfaces & Partners
    Interfaces & Partners Data Bloomberg B-Pipe ITG Logic Bloomberg Data License Markit Group Limited Bloomberg Desktop API Proquote Bloomberg Server API Quick Charles River Data Service – Reference Telemet Orion Charles River Data Service – Real-Time The Yield Book Inc. Charles River Data Service – Benchmarks Thomson Reuters DataScope Select AP Pre-Trade Analytics Barclays The Yield Book Inc. ITG Thomson Reuters Jefferies/Quantitative Execution Strategies (QES) UBS SJ Levinson & Sons Accounting Systems Advent APX Princeton ePAM Advent Axys Princeton Financial Systems/PAM, ePAM Advent Geneva Princeton PAM Citi Accounting Princeton PFI DST GPS SS&C Camra DST InfoQuest SS&C Pacer Eagle Investment Systems/Eagle STAR Thomson Reuters PORTIA IDS GIM 2 Wall Street Office Metavante Equity Algo Trading Abel/Noser (US) Credit Suisse (Global) Aqua Securities, L.P (US) Daiwa Capital Securities Markets Co. Ltd (APAC) Auerbach Grayson (Global) Dash Financial (US) Barclay’s Capital (Global) Deutsche Bank (Global) BestEx Pty Ltd DnB NOR Bank ASA (EU,UK) BMO Capital Markets Corp Drexel Hamilton LLC BMO Nesbitt Burns DZ BANK AG (EU) BNP Paribas (Global) Exane (US,EU,UK) BTIG, LLC (US) Execution Ltd (UK) Canaccord Capital (Global) Fidelity Capital Markets (US) CIBC World Markets (US, CAN) FOX River Execution (US) CIMB Securities (Singapore) Pte Ltd (Global) Goldman Sachs (Global) Citigroup (Global) Guggenheim Securities LLC (US) Clearpool, Group (US) HSBC (Global) CLSA Limited (Global) Instinet (Global) Commonwealth Securities, Ltd (Global) ISI Group (US) ConvergEx Execution Solutions (US) ITG Inc. (Global) Cowen & Company, LLC. (US) Jefferies & Company (US) 1 Interfaces & Partners Equity Algo Trading (cont’d) JP Morgan (Global) Quantitative Brokers, LLC (US) Knight Securities (US) Raymond James (US) Leerink Swann & Co.
    [Show full text]
  • Chinese Companies Listed on Major U.S. Stock Exchanges
    Last updated: May 5, 2021 Chinese Companies Listed on Major U.S. Stock Exchanges This table includes Chinese companies listed on the NASDAQ, New York Stock Exchange, and NYSE American, the three largest U.S. exchanges. i As of May 5, 2021, there were 248 Chinese companies listed on these U.S. exchanges with a total market capitalization of $2.1 trillion. On October 2, 2020, when this table was last updated, there were 217 companies with a total market capitalization of $2.2 trillion. In the list below, newly added companies are marked with a section symbol (§) next to the stock symbol. ii Companies are arranged by the size of their market cap. There are eight national-level Chinese state-owned enterprises (SOEs) listed on the three major U.S. exchanges. In the list below, SOEs are marked with an asterisk (*) next to the stock symbol. iii Since this table was last updated in October 2020, 17 Chinese companies have delisted. Two companies currently trade over the counter: Kingold Jewelry (KGJI, $3 million market cap) and state-owned Guangshen Railway (GSHHY, $2,256 million market cap). The 17 delisted companies also include four companies targeted by the Executive Order 13959 (“Addressing the Threat from Securities Investments That Finance Communist Chinese Military Companies”), which prohibited investment in Communist Chinese Military Companies. These are: China Unicom, China Telecom, China Mobile, and CNOOC Limited. In addition, Semiconductor Manufacturing International Corporation (SMIC) stopped trading over the counter as a result of the order.1 The remaining U.S.-listed company subject to the order is Luokung Technology Corp.
    [Show full text]
  • Erwin Sanft – Head of China & HK Research
    BIOGRAPHY OF CHINA & HONG KONG RESEARCH TEAM FOR BNP PARIBAS SECURITIES (ASIA) Erwin Sanft Dr. Charles Huang Head of China & Hong Kong Research Senior Analyst, Small & Mid-Cap Research Erwin heads BNP Paribas' China & Hong Kong research team of 35 analysts in the Shanghai, Charles leads coverage of small and mid cap Beijing and Hong Kong offices. His recent research. Charles was amongst the first work includes studies on the impact of spoilt generation of China equity analysts in Hong spenders on China's consumption growth and Kong. He joined James Capel Asia (now HSBC the globalisation of China's capital goods Securities Asia) in 1994 to cover H-share and sector. Between 1998 and 2004, Erwin B-share companies in a wide range of managed CLSA's China research team and industries for two years. He was a senior covered the PRC energy, materials and power member of CLSA's #1-ranked China team sectors. Prior to equity research, Erwin worked between 1996 and 2000 when he covered at the New Zealand Consulate-General in China's automotive, transport and Shanghai. He studied Chinese at Nanjing infrastructure sectors. Charles worked in the University between 1992 and 1994 after corporate world for 7 years as a senior graduating with finance and economics management member at the Brilliance Group. degrees from the University of Auckland, New He was CFO of Compass Pacific between 2000 Zealand. and 2004 and its deputy chairman since 2002. Charles obtained PhD and MBA from University of Srathclyde in Scotland and Lance He degree in economics from Wuhan University.
    [Show full text]
  • Global Equity Market Performance
    Weekly Equity Capital Markets Newsletter Piper Jaffray Asia Securities Limited April 19, 2010 Global Equity Market Performance Global Equity Market Update Piper Jaffray Asia Capital Markets Group U.S. stocks plunged on Friday amidst the heaviest trading activity J. West Riggs (Head of Asia ECM), [email protected], Tel: (852) 3189 3230 in 2010, following the Securities and Exchange Commission’s fraud Derrick Lau (MD ECM), [email protected], Tel: (852) 3189 3233 charges against Goldman Sachs. Disappointing earnings data and persistent uncertainty over Greece’s ability to pay its debts also Michael Cheung (Principal), [email protected], Tel: (852) 3189 3212 discouraged optimism over global economic recovery. During the week, Dow was up 0.2 percent to 11,018.7, NASDAQ gained 1.1 Amanda Lui (Associate), [email protected], Tel: (852) 3189 3296 percent to close at 2,481.3 while the S&P 500 closed 0.2 percent Henry Tseung (Analyst), [email protected], Tel: (852) 3189 3298 lower at 1,192.1. Crude futures closed at $83.2 per barrel, down 2.0 percent over the week. Global Market Performance European stocks ended the week lower, as banking stocks reacted Performance (%) to the fraud charges leveled by the U.S. Securities and Exchange Commission against Goldman Sachs. The euro slid amidst worries Last price 1day 1week 1month YTD over Greece’s debt crisis while airline stocks weakened as Icelandic Global Indices volcanic ash caused air travel chaos across Europe . The DJ Euro Stoxx 50 closed down 1.5 percent at 2,949.7.
    [Show full text]