Taptica: Ading the Right Users

  Link to original word document (doc.x) Taptica: Ading the Right Users 1.   Industry Backdrop Taptica International Plc is a small cap stock listed on the Alternative Investment Market on the London Stock Exchange. The company’s business is focused on the global programmatic mobile advertising market. It utilises advertising technology to carry out high-performance marketing…

China’s Economy In Q1 ’17

Summary Growth in 2016 was driven by higher commodity prices and booming real estate markets. Housing inventory and key commodities in storage in China are close to all-time highs. The global reflationary cycle is reaching its peak. Introduction The PBOC has been guiding money market rates higher since Q3 2016 to close the offshore/onshore yield…

China looks set to dramatically increase it’s spending on infrastructure

Summary With the combination of yuan devaluation and continuing capital outflows, China will be a source of volatility for financial markets in 2017. Investors shouldn’t underestimate China’s ability to support its economy with massive fiscal stimulus measures over the medium term. The recent rout in the onshore bond markets is being exacerbated by the unwinding…