In case you missed it, Asia’s Most Read Publications 12 May to 18 May 2026

Research evidence excerpt

In case you missed it, Asia’s Most Read Publications 12 May to 18 May 2026

Asia Pacific Equity Research

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Asia Most Read 22 May 2026

In case you missed it, Asia’s Most Read Publications: 12 May to

18 May 2026

Asia Pacific Equity Derivatives Strategy (Tony SK Lee/Haoshun Liu/Xipu Han/Twinkle Mehta, CFA)

Trump-Xi Summit: Subdued Market Expectations Leave Room For Positive Surprise — Key Trades

To Position For It

Event Pricing Suggests Limited Expectations Are Priced In: President Trump is scheduled to arrive in Beijing on May 13 for

a state visit with President Xi, ahead of the summit beginning on May 14. Despite the geopolitical significance of the summit,

options markets are pricing in very limited event premium across major China equity indices. Implied moves in the HSCEI

and FXI are broadly in line with typical realized moves in May, the volatility term structure remains upward sloping, and

positioning points to muted near-dated hedging demand, with HSCEI dealer positioning back to long gamma. Overall,

markets do not appear positioned for a material shift in expectations around the meeting, which leaves scope for an outsized

reaction if the talks prove more constructive than anticipated.

Taiwan Equity Strategy (Mixo Das)

Staying with the momentum in the most pure-play exposure to AI buildout

As perhaps the most pure-play exposure to the global AI buildout, the Taiwan market has grown in magnitude and importance

in recent years.