Rise of Specialty Internet Only Banks in China

Internet Only Banks in China WeBank, founded in late 2014, is the first private internet bank in China. Tencent owns a 30% stake in WeBank, while investment firms Baiyeyuan Investment (Not listed) and Liye Group (Not listed) each own 20%. The entity as a whole has registered capital of Rmb3 bn (US$482 mn). WeBank’s scope covers personal banking, corporate banking, and international banking.

In May 2015, WeBank launched its first product ‘Weilidai’, providing personal credit lines to users without the need for guarantee or collateral, (more…)

Why We Don’t Trust Porinju Veliyath’s Equity Intelligence ?

Breaking News - ExclusiveThe Indian Equity Market Meltdown has exposed some dirty Insider Trading by Promoters of Palred Technologies. Guess Reliance Industries’ CMD & Insider Trader Mukesh Ambani was their role model to look up to but Palred Technologies’ CMD got caught in the hands of SEBI and Mukesh has managed to keep the case subdued.

Ok. Palem Srikanth Reddy of Palred is a Crook as SEBI have caught him Red Handed in Insider Trading Scam but Why don’t we trust the over hyped media savvy Portfolio Management Guru – Porinju Veliyath of Equity Intelligence?

Porinju bought Palred Technologies on (more…)

What CLSA Recommends to BUY in Market Correction ?

The Indian Equity Market has corrected about 20% from the High’s of 30,000. The Index is back to Pre-Modi NaMoBullRun Rally. Amidst the fall, Smart Investors are lapping up stocks which can generate Free Cash Flow. Barring the PSU Banks, other stocks still trade well above their all-time lows.

CLSA French Research House one of the biggest movers and shakers of Indian Market likes the following stocks which have corrected significantly and appear attractive. (more…)

Ambit Cuts SENSEX Target to 28000

SENSEX Targets FallAmbit Capital Research one of the best entities that has been in sync with how the markets move has cut year End BSE Sensex target to 28,000 from 32,000. Ambit cites reasons that a decisive mandate for the BJP in the 2014 General Elections, the Indian economy was entering its fourth wave of economic expansion but that has not materialized.

Even as their Sensex target moved from 36,000 initially (in November 2014) to 32,000 (FY16 Sensex EPS (more…)

SEBI’s Regulation for OFS Against Retail Investors Interest

The Securities and Exchange Board of India, SEBI the guardian for Investors across the board in Capital markets in India has devised & designed a severely flawed Offer For Sale [OFS] regulation against the Retail Indian Investors. On the very face of it you will probably think the author of this Article is Insane, but ask yourself how many shares did you get allotted in the recently concluded Power Finance Corporation OFS by the Government of India ?

The Govt of India to maximize its returns stopped announcing the OFS in advance as speculators would drive down the prices and also make a killing by virtue of (more…)

Retail Indian Investors Back to Share Market via Mutual Funds

The Retail Indian Investors is back into the Share Market after a gap of 6 years after their tryst with Real estate & Gold appeared to have given lesser returns than the Equities.

Increased participation of retail investors through Mutual Funds [MF] rather than direct equity purchases is an encouraging development as it is the Fund Managers job to manage your Hard Earned money at a cost of say around 2% which is worth it. Didn’t we (more…)