Name
Ticker
Commentary
Nissin Foods Holdings Co Ltd
2897:JP
Nissin sold its 50 billionth Cup Noodle whilst buying back its own stock.
Chart
Nissin Foods Holdings Co Ltd
2897:JP
Last Update: 22nd September 2021
Previous Close

JPY 9,300
20

0.22%

The Chart Shows

Technically in overbought zone reference daily chart, but longer term chart shows that there is more room to move higher. Potential for rest phase here but likely to resolve back into a renewed uptrend phase.

Company Notes

Nissin is a Japanese company that produces instant noodle and processed food products. Founder Momofuku Ando is the original creator of instant noodles and the brand’s signature Cup Noodle.

Sea Ltd
SE:US
Sea Ltd has secured USD 6 billion in funding, making it South East Asia's largest fund raising.
Chart
Sea Ltd
SE:US
Last Update: 21st September 2021
After Hours

$137.402.441.81%

Previous Close

$137.402.441.81%

The Chart Shows

Seemingly healthy uptrend correction looks to have ended and price is now reengaging with the longer uptrend.  significantly outperforming the S&P 500 Index.

Company Notes

Sea Ltd is a tech conglomerate headquartered in Singapore. It owns Garena – the developer behind the world’s most downloaded mobile game in 2019 and 2020 ‘Free Fire’, and e-commerce platform Shoppee.

Wynn Macau
1128:HK
Macau announced a 45 day consultation period as part of revising the gambling region and introducing tighter regulations.
Chart
Wynn Macau
1128:HK
Last Update: 20th September 2021
Previous Close

HKD 6.10
HKD 0.00

0.00%

The Chart Shows

High volume sell off in news driven name.  Preferred view is more downside.

Company Notes

Wynn Macau, Limited owns and operates a hotel and casino resort in Macau. It has a sister establishment in Las Vegas

Galaxy Entertainment Group
27:HK
Macau announced a 45 day consultation period as part of revising the gambling region and introducing tighter regulations.
Chart
Galaxy Entertainment Group
27:HK
Last Update: 20th September 2021
Previous Close

HKD 40.15
HKD 1.05

2.69%

The Chart Shows

High volume sell off in news driven name.  Minor rest on lower volume today, but preferred view is more downside.

Company Notes

Galaxy Entertainment Group operates casino, hotels, and other entertainment facilities in Macau.

Kakao
035720:KS
Kakao is facing regulatory scrutiny from the Korean government, which is attempting to curb aggressive business expansion practices that come at the expense of offline, self-employed and small business owners.
Chart
Kakao
035720:KS
Last Update: 20th September 2021
Previous Close

KRW 119,500
KRW 2,000

1.65%

The Chart Shows

A minor test of local support but momentum to the downside is strong and volume has dried up.  Expecting further downside.

Company Notes

Kakao Corp is a Korean internet portal provider that offers new and email, as well as operating a popular mobile messaging service.

 

Sea Ltd
SE:US
Sea Ltd has secured USD 6 billion in funding, making it South East Asia's largest fund raising.
Chart
Sea Ltd
SE:US
Last Update: 20th September 2021
Previous Close

USD 339.81
USD 3.10

0.90%

The Chart Shows

Seemingly healthy uptrend correction looks to have ended and price is now reengaging with the longer uptrend.

Company Notes

Sea Ltd is a tech conglomerate headquartered in Singapore. It owns Garena – the developer behind the world’s most downloaded mobile game in 2019 and 2020 ‘Free Fire’, and e-commerce platform Shoppee.

Tencent Holdings
700:HK
There are no longer any Chinese stocks in the global top 10 after Tencent dropped in value following intense regulatory scrutiny from Beijing.
Chart
Tencent Holdings
700:HK
Last Update: 20th September 2021
Previous Close

HKD 461.80
HKD 10.80

2.39%

The Chart Shows

High volume pull back to the downtrend return line and the top of the recent base. The market may have gotten ahead of itself or this could be a big sell programme. Either way its too soon to call a failed rally. Sit tight for now.

Company Notes

Tencent is one of China’s largest internet companies, whose WeChat app is ubiquitous for communication and payments. It also has vast content offerings including online games and music. Tencent is under regulatory watch for its growing reach, anti-competitive behaviour, and violating the rights of minors.

Naver
035420:KS
Naver is facing regulatory scrutiny from the Korean government, which is attempting to curb aggressive business expansion practices that come at the expense of offline, self-employed and small business owners.
Chart
Naver
035420:KS
Last Update: 20th September 2021
Previous Close

KRW 403,000
KRW 1,000

0.25%

The Chart Shows

Downtrend sideways consolidation on very light volume after a very heavy volume sell off.  Preferred view is for a continued breakdown in price.

Company Notes

Naver is a Korean corporation that provides internet and web portal services including search engines and gaming.

 

Nissin Foods Holdings Co Ltd
2897:JP
Nissin sold its 50 billionth Cup Noodle whilst buying back its own stock.
Chart
Nissin Foods Holdings Co Ltd
2897:JP
Last Update: 20th September 2021
Previous Close

JPY 9,300
JPY 40

0.43%

The Chart Shows

Uptrend still intact and supported by high volume, and note volume was very light during recent multi day rest phase as well, a sign of uptrend robustness. Momentum is high on daily but has room to move higher on longer term charts.

Company Notes

Nissin is a Japanese company that produces instant noodle and processed food products. Founder Momofuku Ando is the original creator of instant noodles and the brand’s signature Cup Noodle.

NIO Inc
NIO:US
China is set to consolidate its overcrowded electric vehicle industry
Chart
NIO Inc
NIO:US
Last Update: 20th September 2021
Previous Close

USD 37.51
USD 0.42

1.13%

The Chart Shows

Unconvincing breakout attempt five sessions back and drifting lower again.   Quite near support  so watching for early base attempt

Company Notes

Founded in 2014, NIO partners state-owned Jianghuai Automobile Group to manufacture its EVs in China. It’s differentiating factor is its battery swapping stations within its ecosystem.

Alibaba Group
9988:HK
Beijing is looking to break up Alibaba's Alipay following months of intense regulatory scrutiny.
Chart
Alibaba Group
9988:HK
Last Update: 20th September 2021
Previous Close

HKD 154.90
HKD 3.40

2.24%

The Chart Shows

BABA is headed back down after a failed trend reversal.  Watching for stabilisation as price approaches last month’s low.

Company Notes

Alibaba Group is China’s largest e-commerce company that also provides internet infrastructure, online payment and long-form video streaming services. It has been expanding into Southeast Asia and Europe against the backdrop of tighter regulatory scrutiny in China.

Haidilao
6862:HK
After reaching an all-time high in February 2021, Haidilao's share price has since fallen by 70%, making it the worst performing stock on the Hang Seng Index.
Chart
Haidilao
6862:HK
Last Update: 17th September 2021
Previous Close

HKD 29.70
HKD 1.20

3.88%

The Chart Shows

Attempting to form a base but still work to be done.  Need a breakout and hold above 34 for now.   Pref view is back down into range near term.

Company Notes

Haidilao International Holding is a chain of hot pot restaurants founded in Jianyang, Sichuan. Founder Zhang Yong became Singapore’s richest billionaire between 2019 and 2020. He is known for his employee-centric approach.