Daily Brief TMT/Internet: AEM, Blibli, HPSP, Taiwan Semiconductor (TSMC) - ADR, Coupang, Internet Initiative Japan, Hon Hai Precision Industry, Ethereum, Apple, Mastercard and more - Smartkarma

2 years ago 44

Shorting Setup connected Additions to KS200/KQ150 with KODEX Battery ETF Flow

Korea’s partial short-selling system, implemented successful May past year, created a caller trading pattern, a surge successful abbreviated selling for caller additions, instantly aft scale rebalancing.
Canaria Bio, HPSP, and SungEel Hitech are highly apt to beryllium the superior targets for abbreviated selling, but determination is 1 much happening we request to consider.
KODEX volition apt statesman rebalancing buying connected HPSP and SungEel connected December 9, the aforesaid time the short-selling starts for them. So, we request a much flexible setup.

In December 2022, Naver plans to motorboat its agelong awaited 24 hours transportation work (Naver Arrival Guarantee Solution), competing straight against Coupang’s “rocket delivery” services successful Korea.
Coupang’s valuations are not charismatic astatine existent levels and the heightened contention successful the 24 hr transportation work marketplace from Naver/CJ Logistics is apt to negatively interaction Coupang.
By providing 24 hours speedy transportation service, Naver is expected to instrumentality distant marketplace stock from Coupang from the accelerated transportation services successful Korea.

Price Movements: For the archetypal clip since April, Lido staked ether (stETH) present trades astatine parity with ETH.
Market Liquidity: Coinbase reported little than expected net owed to a continued rout successful commercialized volume.
Derivatives: ETH perpetual futures measurement is present higher than BTC volumes arsenic traders pounce astatine renewed volatility.

Apple has been correcting on with broader markets and the company’s show has besides been deed by the Covid-19 outbreak successful the Foxconn portion successful China that produces iPhones.
The company’s results were reasonably bully and it surpassed Wall Street expectations successful presumption of revenues arsenic good arsenic net with a bully show from iPhone, accessories, home, and wearables.
Apple continues to turn its level rather good successful emerging markets with rather beardown maturation successful Latin America, Southeast Asia, and India.

With the backdrop of cross-border question continuing to amended and user expenditure remaining resilient, Mastercard delivered beardown net and gross maturation successful its latest result.
Mastercard has expanded with gaming payouts, frankincense launching its Gaming Fast payout program.
For addressing domestic, cross-border, and account-to-account payments, it has signed an statement with starring worldwide B2B solutions and networks, Pagero.