Epstein Secrets

material change to policy is expected — likely BOJ will double ETF purchases. Hong Kong struggled on continued weakness in tech (Tencent 4.5%) and Macau names (Sands 4.9%, Galaxy -5.6%). The World Bank lowered China's 2014 GDP growth to 7.6% from 7.7% which also dampened sentiment. South Korea outper

Resource Development (MRD) files $700M IPO through Citi IPO's (lock-up expires): Antero Resources (AR), MacroGenics (MGNX) Western Refining (WNRL) US Key Research: ••• Barcap initiates TRLA (ew), DB upgrades ANNEM & initiates MCHX (buy) ••• GS downgrades CNVR (sell) & initiates AAL (buy) & upgrades ADI, BMO c

KY225 had biggest one-day % gain in almost 2yrs - only 8 names in the index closed down on the day. Outside of Japan news flow was light except for Macau names which got slammed in HK (-5%) after a London Times article renewed fears of a major junket crackdown following the Chinese New Year (Times). O

($440M convert), TICC, WNS IPO's (filed/priced): Boise Cascade (BCC) 11.8M shares priced at $21 IPO's (lock-up expires): Manchester United (MANU) US Key Research: ••• JMP upgrades AGN, JPM downgrades TRMB/ACI, Citi upgrades CG/GCI & downgrades SLGN/CNC/MNI • CLSA downgrades DELL & upgrades CHD, Raja downgrad

nsurance -1% and brokers -1.5%) after more chatter that China's govt may take steps to cool the market. In HK, the HSI was higher, helped in part by Macau (+2.8%) which saw a bounce after the recent drubbing (H-shares underperformed on the weakness in mainland). Japan was back online after yesterday's

s, Check-Cap Ltd (CHEK) files for 15.75M shares IPO through Chardan Capital and Maxim Group, Black Knight Financial Services (BKFS) files $100M IPO US Key Research: .' Barcap initiates VA (ow), DB initiates VA (buy), MLB initiates EFC (hold) & HALO (buy) ••• Ladenberg downgrades MMM, Wells initiates ACAT (mp)

ility of property development and investment (dampening further curb concerns). H-share property plays squeezed higher off the news, in addition to Macau names which were stronger on chatter that daily run-rates picked up during the last week of the month (July GGR due next week). TENCENT (-3.3%) offs

s missed QCOR sales gained — RVBD sees eps/revs below — SIMG topped Secondaries (announced/priced): NLCH, TRS, STNG, BCRX, CUZ, FER SM IPO's: N/A US Key Research: ••• Atlantic downgrades XYL, Jefferies downgrades OPTR, Wells cuts NVDA/ROK & upgrades TVL ••• BMO cuts DCI, RBC upgrades GGP, SunTrust initiates