Terms of Use

  1. You agree that use of the research on this website is at your own risk. 

  2. You (or any person you are acting as agent for) agree to hold harmless ValiantVarriors and its affiliates and related parties, including, but not limited to any principals, officers, directors, employees, members, clients, investors, consultants and agents (collectively, the “Related Persons”) for any direct or indirect losses (including trading losses) attributable to any information on this website or in a research report. 

  3. You agree to do your own research and due diligence before making any investment decision with respect to securities of the issuers covered herein (each, a “Covered Issuer”) or any other financial instruments that reference the Covered Issuer or any securities issued by the Covered Issuer. 

  4. You represent that you have sufficient investment sophistication to critically assess the information, analysis and opinion on this website. 

  5. You agree that you will not communicate the contents of reports and other materials on this site to any other person unless that person has agreed to be bound by these Terms of Use. 

  6. You should assume that, as of the publication date of a ValiantVarriors report:

    • Related Persons (possibly along with or through its members, partners, affiliates, employees, and/or consultants), Related Persons clients and/or investors and/or their clients and/or investors have a position (long or short) in one or more of the securities of a Covered Issuer (and/or options, swaps, and other derivatives related to one or more of these securities), and therefore stand to realize significant gains in the event that the prices of either equity or debt securities of a Covered Issuer decline or appreciate. 

    • ValiantVarriors and/or the Related Persons intend to continue transacting in the securities of Covered Issuers for an indefinite period after an initial report on a Covered Person, and such person may be long, short, or neutral at any time hereafter regardless of their initial position and views as stated in the research report published by ValiantVarriors Research or ValiantVarriors Capital. 

    • ValiantVarriors may not update any report or information on its website to reflect changes in positions that may be held by a ValiantVarriors Related Person.

    • ValiantVarriors is not registered as investment adviser in any other jurisdiction and does not render investment advice to anyone. Each critical statement is on the . You understand and agree that ValiantVarriors Capital does not have any investment advisory relationship with you or does not owe fiduciary duties to you. Giving investment advice requires knowledge of your financial situation, investment objectives, and risk tolerance, and ValiantVarriors Capital has no such knowledge about you.

  7. If you are in the United Kingdom, you confirm that you are accessing research and materials as or on behalf of: (a) an investment professional falling within Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”); or (b) high net worth entity falling within Article 49 of the FPO (each a “Permitted Recipient”). In relation to the United Kingdom, the research and materials on this website are being issued only to, and are directed only at, persons who are Permitted Recipients and, without prejudice to any other restrictions or warnings set out in these Terms of Use, persons who are not Permitted Recipients must not act or rely on the information contained in any of the research or materials on this website.

  8. The research and reports presented on this website express the opinion of the applicable ValiantVarriors contributor only. Reports are based on generally available information, field research, inferences and deductions of the contributor’s personal due diligence and analytical process. 

  9. To the best of ValiantVarriors ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources that the relevant contributor believes to be accurate and reliable, and who are not insiders or connected persons of the Covered Issuers or who may otherwise owe a fiduciary duty, duty of confidentiality or any other duty to the Covered Issuer (directly or indirectly). However, such information is presented “as is,” without warranty of any kind, whether express or implied. With respect to their respective research reports, ValiantVarriors makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. All expressions of opinion of the contributors are subject to change without notice, and ValiantVarriors does not undertakes to update or supplement any reports or any of the information, analysis and opinion contained in them. 

  10. In no event shall ValiantVarriors or any contributors that use the platform be liable for any claims, losses, costs or damages of any kind, including direct, indirect, punitive, exemplary, incidental, special or, consequential damages, arising out of or in any way connected with any information on this website. This limitation of liability applies regardless of any negligence or gross negligence of ValiantVarriors or any Related Persons. You accept all risks in relying on the information on this website.

  11. You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link: https://www.valiantvarriors.com. If you have obtained research published by ValiantVarriors in any manner other than by download from that link, you may not read such research without going to that link and agreeing to the Terms of Use. 

  12. Any dispute between you and ValiantVarriors and its affiliates arising from or related to any report and / or the ValiantVarriors website or viewing the material hereon shall be governed by the laws of Hong Kong, without regard to any conflict of law provisions. You knowingly and independently agree to submit to the personal and exclusive jurisdiction of the 

  13. The failure of ValiantVarriors to exercise or enforce any right or provision of these Terms of Use shall not constitute a waiver of this right or provision. You agree that each Related Person is a third-party beneficiary to these Terms of Use. If any provision of these Terms of Use is found by a court or arbitral tribunal of competent jurisdiction to be invalid, the parties nevertheless agree that the court or tribunal should endeavor to give effect to the parties’ intentions as reflected in the provision and rule that the other provisions of these Terms of Use remain in full force and effect, in particular as to this governing law and jurisdiction provision. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to this website or the material on this website must be filed within one (1) year after the occurrence of the alleged harm that gave rise to such claim or cause of action, or such claim or cause of action be forever barred.

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