精選觀點 & Webinar
Whatever happens over coming weeks and even months in the US-China trade war, Donald Trump has irreparably broken the global trade architecture. And with it, he has also forced a realignment of the global supply chain that will likely see ASEAN emerge as a new manufacturing centre.
Jun 27, 2019
As we head toward the G20 meeting in Osaka, we take a moment to review the latest status of the trade war between the two largest economies today. Is it about containment or tariffs? How does the current situation compare to Japan in the ‘80s? Do either China or the US actually want to make a deal? What are the possible paths going forward?
Jun 12, 2019
As we approach the end of 1H19, it is clear that the market now finds itself in a tug of war between the Fed Put and the potential for recession. We explore this dynamic, discuss Q1 vs future growth across the 4 major economies (US, Europe, Japan and China) and remind investors to stay defensive going forward by tilting toward value and quality where possible.
Jun 12, 2019
The Global Mobile Communication Systems Association estimates that by the end of this year, 5G services will be available in 29 markets around the world, with 10 million connections. What is 5G and where do we see potential investment opportunities from this significant technology upgrade in Asia?
Jun 06, 2019
As the issuer of world’s first two fundamental multifactor China A-shares ETFs, we look closely into the factors. The China A shares market went on a roller coaster ride since late 2018, and how about the factors – are they on the same ride or rotating around a Ferris wheel? In this piece, we re-cap the research on China A fundamental factors and share the recent observations on factor performances.
Jun 03, 2019
Investors looking for China’s NASDAQ seem to have settled on ChiNext as the default index to follow. BUT what if there is an even better option in the market, offering a more appropriate China new economy exposure with better performance, higher quality, lower volatility and discounted valuations?! It may sound too good to be true, but it is exactly what the Premia China New Economy ETF (3173.HK) has achieved so far.
May 20, 2019
Most investors assume that the more liquid the ETF, the easier and cheaper it is to trade. This is true in markets like the US, where on-screen liquidity is prevalent, but Asia markets are not as straightforward. China A ETFs with on-screen liquidity are easy to trade, but easier does not always mean cheaper to trade. There is market risk in trading on-screen and though it is easier, it can actually be more expensive than trading via the underling liquidity of China A stocks inside the ETF.
May 16, 2019
ASEAN equity markets have underperformed so far this year. Is it the start of a new trend, or simply a blip given the strong reversal in China? Say Boon Lim shares his views on why ASEAN is likely to outperform going forward.
May 06, 2019
Nasdaq has made new highs and investors are understandably excited. Similarly, here in Asia we have seen innovative technology companies outperform YTD but with much less fanfare. David Lai explores the major megatrends in Asia and why you need to invest in tech leaders across this region.
May 03, 2019
Looking past stellar Q1 returns, we discuss positioning going forward and the need to navigate the conflicting signals offered by equity and bond markets today
Apr 10, 2019
Premia 圖說
賴子健 , CFA
CFA
Taiwan equities have almost fully recovered from July’s sharp selloff and are on track to challenge new highs as the global AI trade regains momentum. Foreign investors turned net buyers during the first 10 trading days of August, accumulating USD1.7bn, reflecting renewed confidence in Taiwan’s technology-led growth outlook. With the market’s leading technology companies continuing to deliver strong earnings and benefiting from sustained AI investment, Taiwan remains well positioned to participate in the next leg of the global AI upcycle. TSMC reported a 45% year-on-year increase in monthly sales, underscoring resilient AI hardware demand despite market volatility. The global chipmaking leader also raised its full-year capital spending and revenue projections, reflecting confidence that robust demand for AI chips will extend into 2027 and beyond. MediaTek’s 2026 outlook has strengthened following robust 2Q results, with structural growth drivers broadening from premiumization to diversification. A richer high-end smartphone mix and growing demand for custom AI silicon could help reaccelerate sales growth in 2027–28. Delta Electronics reported a 47.7% jump in July sales, driven by rising demand for server-related power-supply products. Increasing AI server power consumption, higher efficiency requirements and the shift toward higher-density racks should sustain demand for advanced power solutions, raising Delta’s content per rack and improving revenue quality. ASE Technology also reported 43.2% growth in July revenue, supported by rapid expansion in advanced chip packaging. Its Fan-Out Chip-on-Substrate technology, which connects chips without requiring a large silicon interposer, offers an attractive performance-to-cost proposition versus TSMC’s interposer-based CoWoS. For investors seeking broad exposure to Taiwan’s technology supply chain, the Premia FTSE TWSE Taiwan 50 ETF offers a useful vehicle. Its underlying index provides diversified exposure to Taiwan’s 50 largest companies and has outperformed major Taiwan equity benchmarks year-to-date, offering investors a broad-based way to participate in the continued expansion of the AI ecosystem.
Aug 19, 2026
