Reletter
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Helios Capital Partner

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues50Foundeda year agoLast Issue10 days ago
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Latest Issues

China DUV Risks For ASML

By Zeyao

The recent news that a Chinese-made immersion DUV lithography tool, linked to SiCarrier and its affiliate Yuliangsheng, has entered limited production has been framed by much of the financial press as a breakthrough capable of ero...

10 days ago
13
9

Weekly News and Ideas #2

By Guan Rui

Macro

So the markets this week saw a move out of hyperscalers into semiconductor companies, following Google’s earnings. As usual, we will cover some Macro, then zoom into Micro.

For Macro-economic data, nothing much this...

17 days ago
1
2

ASML Q2 Update

ASML reported a strong beat across the board, with CEO Christophe Fouquet and CFO Roger Dassen delivering bullish commentary on every segment. Once again, ASML has exceeded my expectations and updates will have to be made to my model for th...

a month ago
8

Weekly News and Ideas: #1

By Guan Rui

Meta’s Cloud Business and the Semis Sell Off

The markets are finally broadening out, away from semis, into lagging sectors, given most of the S&P’s returns this year have been contributed by semis.

The trigger for this se...

a month ago
4
2

Swapping Meta For Google

By Ze Yao

Recently, I decided to sell 70% of my shares in Meta and instead reinvest it back into Google. My initial rationale for trimming Google was due to several reasons that can be found in the Substack writeup titled “Logging My Ratio...

2 months ago
8
3

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    By Guan Rui: [email protected] & Ze Yao: [email protected]

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