Equity Research

The work behind the conviction.

In-depth industry research and market commentary — written for VCs, PE, and industry professionals.

Featured · Energy · Industrials

In-Depth Analysis Report on the Rotary Steerable System Industry

The Rotary Steerable System (RSS) is hailed as the 'crown jewel' of directional drilling technology. By continuously adjusting the wellbore trajectory while the drill string rotates, it overcomes the inherent drawbacks of traditional sliding drilling methods.

Andrew Liu·Jan 8·7 min read

Read full report

Technology · AI

Reflections on the AI Investment Bubble Debate

Since the launch of ChatGPT in late 2022, the stock prices of leading US AI companies have significantly outperformed the broader market. Following the emergence of DeepSeek in early 2025, leading Chinese AI companies have also substantially outperformed.

Nov 27, 2025 · 9 min read

Healthcare · Biotech

Akeso: Seizing a Trillion-Dollar Track in the $145.8 Billion Global Oncology Market with Bispecific Technology

Akeso, Inc. (9926.HK), founded in 2012, is dedicated to the research, development, production, and commercialization of innovative bispecific antibody therapies in oncology.

Oct 9, 2025 · 7 min read

Infrastructure

The Next Trillion-Dollar Bet? Why Investment Titans See a 'Dual Tailwind' in Infrastructure

As two titans in the infrastructure investment arena, Brookfield Asset Management Ltd. and Macquarie Group Ltd. recently indicated a long-term bullish stance on global infrastructure.

Sep 25, 2025 · 2 min read

Industrials · Batteries

Shuangdeng Group Co., Ltd. Stock Research Report

Shuangdeng Group Co., Ltd., established in 2011, specializes in the research, development, manufacturing and sale of lead-acid and lithium battery products for industrial applications.

Sep 25, 2025 · 5 min read