PSA Today 28 Nov: China covid protests hobble market / Focus on tomorrow's macro data / Worldwide mobile game sales falter / Honda and Europe - Nikkei 225 -0.42%
Japan Market Comment by Pelham Smithers and Julie BooteTags: Nippon Steel (5401 JT), Hub (3030 JT), CyberAgent (4751 JT), Eisai (4523 JT), Nichi-iko Pharmaceutical (4541 JT), Toshiba (6502 JT), Tencent (700 HK), Cognosphere, NetEase (NTES US), Konami (9766 JT), Koei Tecmo (3635 JT), Alibaba (BABA US), Bandai Namco (7832 JT), Square Enix (9684 JT), Mixi (2121 JT), Honda (7267 JT), Toyota Motor (7203 JT)
Main Points
• Japan shares weaken as China Covid concerns increase
• Japan economic data – unusually important retail sales release due out
• Worldwide mobile game sales -6.6% YoY in week to 20 Nov
• Honda not giving up on Europe yet
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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