HighRock produces its own research on U.S.-listed companies — bear/base/bull scenarios, valuation shown with its assumptions, dated catalyst calendars, company-specific risk matrices — and uses that same research to advise client portfolios.
HighRock 自己做美股研究——bear/base/bull 三情景、把假设写出来的估值、带日期的催化剂日历、公司特定的风险矩阵——并用同一套研究为客户组合提供建议。
We do not outsource model portfolios. We do not repackage third-party calls. And we do not trade your account without asking you first.
我们不外包模型组合，不转售第三方观点，也不会未经你同意就动你的账户。
HighRock offers three separate services: investment research, portfolio management, and financial planning.
HighRock 提供三类彼此独立的服务：投资研究、投资组合管理与财务规划。
Institutional-depth reports on U.S.-listed companies, published to subscribers on a schedule.
美股机构深度报告，定期向订阅者发布。
Impersonal — not tailored to you.
非个性化——不针对你的情况定制。
Research研究 → 02Ongoing, non-discretionary management for individuals and their related accounts.
面向个人及其关联账户的持续性非全权委托管理。
Personalized — under a written agreement.
个性化——在书面协议下进行。
Learn more了解详情 → 03Investment planning delivered as a written plan, scope agreed in advance.
以书面计划交付的投资规划，范围事先约定。
Point-in-time — no ongoing monitoring.
时点分析——不含后续监控。
Asset allocation资产配置 →Every investment judgment we hold rests on fundamental research we conduct ourselves.
我们的每一项投资判断，都建立在自主完成的基本面研究之上。
The work begins with the issuer's own disclosure — the 10-K, 10-Q and 8-K, the earnings call transcript, and the notes to the financial statements — combined with industry data and valuation analysis to reach an independent conclusion. We do not resell third-party research, and we do not license an external model portfolio and present it to clients as our own investment view.
研究从公司原始披露开始，包括 10-K、10-Q、8-K、业绩电话会记录及财务报表附注，并结合行业数据与估值分析形成独立判断。我们不转售第三方研究，也不采购外部模型组合后作为自身投资观点提供给客户。
Every company we cover is analyzed within one consistent framework, and that framework can be checked.
我们对每一家覆盖公司的分析，都遵循一致且可复核的研究框架。
It comprises bear / base / bull scenario analysis with probability weights; a valuation matrix that states the core assumptions and the price timestamp; a company-specific risk matrix; and a dated catalyst calendar.
其中包括：带概率权重的 Bear / Base / Bull 三情景分析、明确列示核心假设与股价时间戳的估值矩阵、公司特定的风险矩阵，以及带日期的催化剂日历。
The purpose of the framework is that a conclusion is not merely asserted — it can be verified, tracked, and reassessed promptly when the facts change.
这一框架的目的，是让投资结论不仅可表达，也能够被验证、跟踪，并在事实发生变化时及时重新评估。
HighRock manages portfolios on a non-discretionary basis.
HighRock 采用非全权委托投资组合管理模式。
We do the research and the portfolio analysis and put forward the recommendation, together with the reasoning behind it, the valuation basis, and the principal risks. No transaction is executed without the client's explicit approval.
我们负责研究、组合分析并提出投资建议，同时向客户说明建议背后的投资逻辑、估值依据与主要风险。任何交易均须在获得客户明确批准后方可执行。
This preserves the depth of professional advice while keeping the final decision on every transaction with the client.
这一模式保留了专业投资建议的深度，同时确保客户始终拥有账户交易的最终决定权。
Every valuation multiple carries the EPS basis and the price timestamp used to compute it.
每一个估值倍数都标注 EPS 计算口径与所用股价的时间戳。
HighRock takes a concentrated approach to coverage. The number of names is not the objective. We select companies with a significant position in their industry, a clearly identifiable earnings driver, or a material disagreement over valuation, and we track their fundamentals, valuation, catalysts and risks continuously.
HighRock 采取集中覆盖的研究方式。我们不以覆盖数量为目标，而是选择具有重要行业地位、清晰盈利驱动因素或显著估值分歧的公司，持续跟踪其基本面、估值、催化剂与风险。
Since 2026 we have established research coverage on more than 30 U.S.-listed companies and ADRs.
自 2026 年起，我们已对 30 余家美国上市公司及 ADR 建立研究覆盖。