• Asian dollar bonds rallied across the board last week with spreads tightening 3.5% week on week in the Asian USD high yield space.
• Earnings season in the US begins this week with major banks reporting on second quarter and offering insight into the rest of the year. The spotlight will also be on China as they release key economic data later in the week.

Report type: Weekly Strategy ”NTT Group Strengthens Its Character as a National Company” The NTT (9432) Group is strengthening its character as a “Japan Union Platformer” undertaking national policy.  Firstly, it was reported that, capitalizing on the Covid-19 infection, the government has begun to amend regulations to promote digitizing of the whole society in connection with the development of next-generation 5G communication structure.   In this regard, it is planning to develop a nation-wide 5G communication infrastructure as it looks ahead...
Continue Reading

Investment Summary Leading IP-based game operator and publisher CMGE is focusing primarily on IPs relating to well-known cultural products and art works, such as icons or characters from popular animations, novels, and motion pictures, which have a significant fan base, market acceptance and commercial value. According to the prospectus, amongst all Chinese independent mobile game publishers, the company had the largest IP reserve that can be used to develop into IP-based games as of June 30, 2019. The company is...
Continue Reading