CLSA

❤️𝗖𝗟𝗦𝗔 𝗕𝗮𝗻𝗴𝗸𝗼𝗸 𝗢𝗳𝗳𝗶𝗰𝗲 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝗘𝗮𝗿𝘁𝗵𝗾𝘂𝗮𝗸𝗲 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝗘𝗳𝗳𝗼𝗿𝘁𝘀🤗 A sudden earthquake struck on Friday, March 28th, causing structural damage to Rajavithi Hospital in Bangkok. This led to the suspension of outpatient services, and patients had to be evacuated. Some were temporarily housed in makeshift shelters such as the hospital's canteen. Meanwhile, the main building sustained damage due to tremors caused by Friday’s earthquake in Myanmar. On the morning of Wednesday, April 9th, 2025, the Community Outreach team at CLSA Bangkok launched an initiative to support Rajavithi Hospital through donating food and essential items. We distributed 150 boxed meals and essential items to medical staff and impacted individuals as a small gesture of encouragement from us to those who sacrifice and endure. This activity not only involved sharing physical items but also instilled the value of social responsibility among all employees, emphasizing our commitment to helping others in a time of crisis. #CITICCLSAImpact #CITICCLSALife

We are excited to have George Borovas, Partner at Hunton Andrews Kurth LLP, joining our 21st CITIC CLSA Japan Forum. As a leader in nuclear energy advisory, Borovas brings extensive experience in the development and financing of nuclear power programmes worldwide. His perspective on energy trends is crucial for understanding the future of the sector. For enquiries, please contact your CITIC CLSA representative or email CLSA.Japan.Forum@clsa.com #CITICCLSAForums #CITICCLSAJapanForum

𝗪𝗵𝗮𝘁 𝐚𝐬𝐩𝐞𝐜𝐭 𝐨𝐟 𝐉𝐚𝐩𝐚𝐧'𝐬 𝐬𝐞𝐫𝐯𝐢𝐜𝐞-𝐛𝐚𝐬𝐞𝐝 𝐞𝐜𝐨𝐧𝐨𝐦𝐲 𝐞𝐱𝐜𝐢𝐭𝐞𝐬 𝐲𝐨𝐮 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭? Gain unique perspectives at our 21st CITIC CLSA Japan Forum 📅20-22 May 2025 | Tokyo For enquiries, please contact your CITIC CLSA representative or email CLSA.Japan.Forum@clsa.com #CITICCLSAForums #CITICCLSAJapanForum

We are pleased to announce Rodrigo González, Director of North Asia at the Economist Intelligence Corporate Network, as a speaker at our 21st CITIC CLSA Japan Forum. González specialises in economic and geopolitical insights for corporate boards, leveraging over a decade of experience in Japan. His expertise will provide valuable context on market dynamics and policy implications. For enquiries, please contact your CITIC CLSA representative or email CLSA.Japan.Forum@clsa.com #CITICCLSAForums #CITICCLSAJapanForum

🏆 𝟮𝟬𝟮𝟰 𝗧𝗼𝗽 𝗘𝗺𝗲𝗿𝗴𝗶𝗻𝗴 𝗜𝘀𝘀𝘂𝗲𝗿 𝗔𝘄𝗮𝗿𝗱 𝗳𝗿𝗼𝗺 𝗛𝗞𝗘𝗫   We are excited to announce CITIC Securities International, Equity Derivatives Department, has been awarded the prestigious "2024 Top Emerging Issuer Award" by the Hong Kong Exchanges and Clearing Limited (HKEX). This honor celebrates our remarkable performance in Hong Kong's structured product market beginning with the launch of our listed structured product business in 2024. In less than a year we have made significant strides. From listing our first warrants in March 2024, to introducing our Convertible Bull/ Bear Contracts (CBBCs) in July 2024. We have successfully issued over 500 warrants and 600 CBBCs across 100+ underlying common stocks. We remain committed to providing cutting-edge equity derivatives products and services to our global clients, as we strive to establish CITIC Securities International as a “domestically leading and internationally first-class Chinese investment bank”. #CSI #HKEXAwards 

Today on Bloomberg TV, Sanjeev Rana, Head of Korea Research at #CLSA, shared his views on Samsung’s Q1 earnings results, which significantly outperformed market expectations. While the consensus forecast for Q1 operating profits was around 5.2 trillion won, the actual figure came in at 6.6 trillion won. Sanjeev attributed this beat to strong performances in both Samsung's semiconductor and smartphone businesses. 25-30% of Samsung's revenue comes from the U.S., including the consumer electronics sector such as smartphones. To reduce exposure to U.S. tariffs, the company is actively diversifying its production bases across India, Korea, Indonesia, and Brazil. This strategy could enable Samsung to gain market share from competitors like Apple and other brands in the low- to mid-end market segment. Apple’s smartphones are 85-90% manufactured in China, snaring the competitor in a significant 54% effective tariff. Watch the full interview for more insights from Sanjeev. #CLSANews #CLSAInsights 

Today on Bloomberg TV, Christopher Richter, Senior Research Analyst at #CLSA covering Japan autos, shared his insights on the global auto industry amidst rising U.S. tariffs and inflationary pressures.   In Christopher’s view, the proposed tariffs are expected to significantly impact the U.S. auto market, hiking vehicle prices by over 14% and reducing demand, creating a stagflationary environment. Brands such as Mazda and Mitsubishi Motors, heavily reliant on exports to the U.S., are the most exposed, while Toyota and Honda, which produce more locally, are comparatively in a stronger position.   Christopher highlighted that potential tariffs on auto parts will further elevate costs, disproportionately impacting automakers heavily reliant on foreign components. As U.S. affordability declines, Christopher said that car buying is becoming increasingly limited to upper-middle-class consumers. German manufacturers that primarily focus on luxury brands such as Mercedes Benz, BMW, and Audi will be more resilient, while Korean manufacturers are likely to struggle due to their positioning as mass-market brands that attract more price-sensitive consumers. Watch the video to hear more from Christopher. #CLSANews #CLSAInsights

We’re delighted to announce that CITIC CLSA has chosen #LCH #EquityClear to provide pan-European equities clearing services. This will provide CITIC CLSA access to clearing for a broad range of equities and equity equivalents across a wide choice of trading venues and CSDs, whilst benefitting from operational efficiencies our #LCH's proven track-record of rigorous risk management and resilience. To learn more, visit https://lseg.group/3E4KRKS

𝗪𝗵𝗮𝘁 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗶𝗻 𝗝𝗮𝗽𝗮𝗻'𝘀 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗶𝗻𝗱𝗶𝗰𝗮𝘁𝗲 𝗮 𝗰𝗼𝗺𝗲𝗯𝗮𝗰𝗸? Gain unique perspectives at our 21st CITIC CLSA Japan Forum 📅20-22 May 2025 | Tokyo   For enquiries, please contact your CITIC CLSA representative or email CLSA.Japan.Forum@clsa.com #CITICCLSAForums #CITICCLSAJapanForum

Join us at the 21st CITIC CLSA Japan Forum in Tokyo, Japan from 20-22 March 2025. With Japan's economic landscape shifting—wage growth surging, inflation on the rise, and the Bank of Japan adjusting rates—this is a prime opportunity for investors. Don't miss the chance to connect and discuss the future of Japan's economy. For enquiries, please contact your CITIC CLSA representative or email CLSA.Japan.Forum@clsa.com Find out more: https://lnkd.in/gX8pdQ3K Media release: https://lnkd.in/gGz6jiT5 #CITICCLSAForums #CITICCLSAJapanForum