SI Research: Stock Market’s Bloodbath During CNY

First of all, Happy Lunar New Year to you! While our markets were closed during the festive season, our western peers were still trading as usual.

While we got ready for the lunar New Year on the 5^th of February, Linkedin saw its stock value hammered by more than 40 percent in a single day’s trade as a result of poorer guidance and concerns on growth outlook.

The dipping of oil’s price below the US$30 mark, coupled with concerns weighed over the health of banks also didn’t help as we opened the first day of trading after the lunar New Year holidays with a screen mostly cladded in a sea of red as we felt the impact brought forward from the US trading session.

As we deal with the continued volatility, we met a disruptor in the Investor Relations field; Asia Fund Space, where meetings between fund managers and companies are done in a relatively traditional way. Turn no more to page 6 to find out more about this Airbnb equivalent of investor meetings.

This issue, we also looked at IHH Healthcare with a higher degree of scrutiny, as we tackle with whether or not the company is really worth its sky high valuations. Turn to page 10 to find out more.

Lastly, in the eye of such market conditions, it is only normal for us to seek for cheap and strong plays, and according to Leon Cooperman, the easiest way to do that is to look at strong blue chips at the right time. You can read more of this on page 15.

Have a good read!