H.E.R.O.’s Journey in Tech (24 January 2019) – Why stock-plunges happen so often in HK

H.E.R.O.’s Journey in Tech (24 January 2019) – Why stock-plunges happen so often in HK


  • Cyber security giant Trend Micro has launched its new Asia-Pacific, Middle East and Africa (AMEA) headquarters in Singapore. (ST)
  • Pinduoduo got “fleeced” through a loophole which enabled users to get unlimited online coupons worth approximately US$15 each; these kind of schemes have become widespread in China, where many tech companies compete for users by handing out cash Incentives (AN)
  • Koh Young Technology to Highlight Next-Level Connectivity at IPC APEX EXPO 2019 (iconnect)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Samsung, Softbank

  • Chinese KOL proclaims the death of Baidu as search engine; The KOL claims Baidu’s strategy to direct search results to its own services is like drinking poison to quench the thirst. (KRA)
  • Tencent no longer allows users to create an account on Bytedance’s Douyin via WeChat (KRA)
  • Why Tech Giant Samsung Will Start Earning Less Money (Forbes)
  • China’s Internet Watchdog Closes Hundreds of Websites, Criticizes Tencent App; Regulator targets what it calls harmful and vulgar content (WSJ)
  • TSMC’s Outlook Underscores Foundry Market Challenges (EE Times)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • YouTube TV is officially becoming available nationwide (TC)
  • Microsoft’s Bing blocked in China: FT report (Reuters)
  • Amazon’s Pitch to Woo Shippers: Fewer Fees Than FedEx, UPS; New seven-day delivery service offers to pick up parcels and bring to residences, without added fuel or weekend surcharges (WSJ)
  • ‘They offered us everything but the kitchen sink’: DTC brands are mostly spurning Amazon (DD)
  • Amazon debuts its adorable delivery robot called Scout (CNBC)

Asia Tech & Innovation Trends

  • Chinese tech giant WeBank poised to disrupt Australian banking sector (AFR)
  • Online Forums Give China’s Investors Market-Moving Intel (Bloomberg)
  • Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown (Bloomberg)
  • Big Brother startups offer white knuckle returns (Reuters)
  • Latest trick for Sony’s Aibo robotic pooch: Acting as watchdog (Japan Times)
  • KDDI in talks for near-50% stake in online brokerage Kabu.com (Nikkei)
  • Poll apps: Giving power to the people; From helping citizens register into the electoral rolls to analysing data on candidates and their performance, technology platforms are reshaping political conversations to give voters a stronger voice (Forbes)
  • Millennials in India Are Turning to Algorithms for Love (Bloomberg)

Global Tech & Innovation Trends

  • ‘It’s Frankly Great for Us’: MongoDB CEO Welcomes Amazon Rivalry (Bloomberg)
  • Adobe acquires Allegorithmic, makers of the Substance texture tools (TC)
  • Sherpa, a Spanish voice assistant, expands Series A to $15M as it passes 5M users (TC)
  • Wynd raises $82 million for its store management service (TC)
  • 3-D Printing Unicorn Desktop Metal Grabs Another $160 Million As It Prepares To Ship Its Mass-Production Printers (Forbes)
  • Open-Source Unicorn: Confluent Reaches $2.5 Billion Valuation Three Years After Hiring Its First Sales Rep (Forbes)
  • A Dot-Com Era Survivor Is Back With Minted, A $700M Stationery Startup For The Instagram Generation (Forbes)
  • Boeing’s first autonomous air taxi flight ends in fewer than 60 seconds (CNN); Boeing’s flying car lifts off in race to revolutionise urban travel (Reuters)
  • As Google races ahead, German carmakers look to go faster on autonomous driving (Reuters)
  • Is Spotify’s Model Wiping Out Music’s Middle Class? Fans may assume the $10 they pay for a monthly streaming subscription goes to the artists they listen to most. That’s not the case. Now, a growing number of musicians and industry players want change (Ringer)
  • Ebay/Elliott: mother knows best: The core marketplace business already quite large (FT)
  • BuzzFeed to Cut 15% of Its Workforce; BuzzFeed has raised about $500 million and was valued at about $1.7 billion following its last funding round in 2016. (WSJ)
  • Patreon is on track to reach $1 billion in total payments to creators; Millions of fans are delighted to make an ongoing financial commitment to the people whose work they love-and there’s more to come. (FastCo)
  • Meet the New Payment Champions, Same as the Old Ones; New ways to pay for things still lead back to Visa and Mastercard (WSJ)
  • Not All Marketplaces are Created Equal: Tales of a Marketplace Founder (Medium)
  • Machine learning is a sweet way to tell if your honey is fake; One of the world’s most adulterated foods could get a new authenticity test, thanks to software that has “learned” to recognize certain grains of pollen. (FastCo)
  • Boosting mall revenues through advanced analytics (McKinsey)
  • com Introduces Only Automatic Solution to Auto-Populate Options and Features Data for All Dealer Listings (GF)


  • Why stock-plunges happen so often in HK (Webb)
  • Feeling “Weird” is a Necessary Step to Reaching Success (Medium)

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: