The analyst(s) named in this report certifies that (i) all views expressed in this report accurately reflect the personal views of the analyst(s) with regard to any and all of the subject securities and companies mentioned in this report and (ii) no part of the compensation of the analyst(s) was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by that analyst herein.
The analyst named in this report has a financial interest in the following corporation(s) mentioned in this report: Amazon.com (AMZN US). Additional information will be made available upon request.
This report was prepared by IND-X Advisors Limited (“IND-X”). IND-X is a limited company registered in Hong Kong under number 1192527. The registered office is 801-04 Kinwick Centre, 32 Hollywood Road, Central, Hong Kong. IND-X is regulated by the Hong Kong Securities and Futures Commission and is a registered investment advisor with the U.S. Securities and Exchange Commission.
This report is for the use of intended recipients only and may not be reproduced, in whole or in part, or delivered or transmitted to any other person without our prior written consent. By accepting this report, the recipient agrees to be bound by the terms and limitations set out herein. The information contained in this report has been obtained from public sources believed to be reliable and the opinions contained herein are expressions of belief based on such information. No representation or warranty, express or implied, is made that such information or opinions is accurate, complete or verified and it should not be relied upon as such. Nothing in this report constitutes a representation that any investment strategy or recommendation contained herein is suitable or appropriate to a recipient’s individual circumstances or otherwise constitutes a personal recommendation. It is published solely for information purposes, it does not constitute an advertisement, a prospectus or other offering document or an offer or a solicitation to buy or sell any securities or related financial instruments in any jurisdiction. Information and opinions contained in this report are published for the reference of the recipients and are not to be relied upon as authoritative or without the recipient’s own independent verification or taken in substitution for the exercise of the recipient’s own judgement. All opinions contained herein constitute the views of the analyst(s) named in this report, they are subject to change without notice and are not intended to provide the sole basis of any evaluation of the subject securities and companies mentioned in this report. Any reference to past performance should not be taken as an indication of future performance. IND-X does not accept any liability whatsoever for any direct or consequential loss arising from any use of the materials contained in this report. This report is prepared for professional investors and is being distributed in Hong Kong by IND-X to persons whose business involves the acquisition, disposal or holding of securities, whether as principal or agent. IND-X is regulated by the Securities and Futures Commission for the conduct of advising on securities.
Distribution or publication of this report in any other places to persons which are not permitted under the applicable laws or regulations of such places is strictly prohibited. Cha-Am Advisors research is published and distributed by IND-X Advisors Limited (“IND-X”). INDX is regulated by the Hong Kong Securities and Futures Commission and is a registered investment advisor with the U.S. Securities and Exchange Commission.