J Capital
J Capital

J Capital

Coverage: Global
J Capital publishes activist research. Their work is based on primary research, fundamental analysis, and forensic accounting. Through this process J Capital seeks to identify companies trading at a significant variance to their intrinsic value.
Location: New York

Analysts

Latest from J Capital

Marathon

MARA may have taken at least $250 million out of the company via overstated purchases of miners. We draw that conclusion based on interviews with mining companies in China. About 64% of the mining fleet MARA has purchased, net of disposals, nearly 12...
J Capital Anne
Anne Stevenson-Yang @ J Capital 3 March 2023

China: Policy Whiplash

Policy whiplash: The Covid reversal along with a 180-degree turn on property financing suggest to us that Xi Jinping is no longer making unilateral decisions.
J Capital Anne
Anne Stevenson-Yang @ J Capital 16 December 2022

Violence Erupts In China - What it means for investors

Jobs and the economy - Service establishments in major cities have been closed. Since about 42% of the urban service labor force consists of migrants from rural areas, it stands to reason that unemployment in the countryside is hi...
J Capital Anne
Anne Stevenson-Yang @ J Capital 30 November 2022

The Demand Collapse

Infrastructure spending is dead in the water: With revenue from land sales continuing to rocket down, local governments – which technically need to use land revenue and borrowings to fund capital construction – cannot afford to build....
J Capital Anne
Anne Stevenson-Yang @ J Capital 14 November 2022

China Recovery?

Signs of a "slow recovery" yet to appear. Not so Golden Week. Consumer confidence in property is at an all-time low, with only 16% of consumers saying they believe prices will rise in the future.
J Capital Anne
Anne Stevenson-Yang @ J Capital 12 October 2022

Is The Burnish off China's Golden Week?

J Capital Anne
Anne Stevenson-Yang @ J Capital 5 October 2022