Press Room Credit Suisse launches leading analytical platform HOLT® in China
Credit Suisse launched the leading analytical platform HOLT® to clients and investors in China, to provide them with a robust perspective to add to their investment processes. The announcement was made during our annual Credit Suisse China Investment Conference on November 6. HOLT is a leading equity analysis and valuation tool owned by Credit Suisse. It is used by more than 600 leading institutional investors across 38 key markets globally. The platform is now available to traditional asset managers, hedge funds and family offices in China.
The holistic and wide coverage of HOLT
Via the platform, we provide investors with unique insights into a company's performance, valuation, future expectations, and risk considerations using a database of over 20,000 companies across 70 countries that has been refined for four decades.
In particular, HOLT has maintained a China A-share company database for over a decade and now has the most advanced coverage of the China A-share market, with over 1,800 companies providing near 100% coverage of the CSI 300, SSE 180, SSE 380, and SICOM stock indices. Domestic investors in China can now take advantage of HOLT’s broad coverage to identify high quality and attractively valued companies locally, regionally or globally.
The launch of HOLT in China comes at a time when the Stock Connect mutual access program is providing investors with access to mainland China, and A-share inclusion is leading to greater representation of China’s domestic stock market within the global investment universe. Neil Hosie, Head of Equities, Asia Pacific, Credit Suisse
The significance of launching HOLT in China
Commenting on the launch, Neil Hosie, Head of Equities for Asia Pacific at Credit Suisse, said: “Our launch of HOLT services in China is an important milestone for us in providing China-based investors with a best-in-class investment analysis tool to assist in generating investment ideas and gaining market insights. Furthermore, HOLT’s extensive global coverage will help domestic asset managers to diversify and construct global investment portfolios as they grow in markets outside of China.”
Credit Suisse is one of the first global banks to operate an onshore brokerage business, offering international investors direct access to the A-share market. The launch of HOLT underscores Credit Suisse’s continued commitment to China and will help investors to improve their investment processes as the market further matures.
“Equally, HOLT is a useful tool for international investors interested in China, a market with a capitalization of about USD 6 trillion dollars,” Mr. Hosie added. “The launch of HOLT in China comes at a time when the Stock Connect mutual access program is providing investors with access to mainland China, and A-share inclusion is leading to greater representation of China’s domestic stock market within the global investment universe,” Mr. Hosie added.
With the initial MSCI A-share inclusion having been completed in August, Credit Suisse estimates that the domestic A-share market will attract close to USD 300 billion of potential international fund flows upon full A-share inclusion, which is anticipated to occur within a decade.
The benefits of HOLT
Jonathan Tischler, Head of HOLT’s business in Asia Pacific at Credit Suisse, said: “HOLT is a unique asset of Credit Suisse. Our methodology focuses on the fundamentals of wealth creation and not just earnings per share (EPS) growth. The platform helps investors gain greater clarity and develop a consistent investment perspective by going beyond traditional accounting to emphasize companies’ cash generation capability. By using this globally consistent framework for comparing and valuing companies across all sectors and geographies, our clients can be equipped to identify high-quality companies with strong fundamentals and attractive valuations.”
Using the HOLT platform investors can analyze individual stocks and conduct objective reviews against relevant benchmarks to balance risks within their portfolios.
To find out more about HOLT click here.