
Learn the market, check the numbers
Free investment education and tools, open to everyone: calculators, a paper-trading lab, the CalcuSum app and finance videos. Research and due diligence for institutions, companies and professional investors.
Open the toolsHaowen Dong
Draws the boundaries of the research and holds its course, so records, voice and system move as one.
Open the toolsYuzhuo Zhang
Joins data, workflow and rhythm into one line, so every piece of research follows a process that can be checked.
Open the toolsHunt Chiu
Takes price, valuation and risk apart with disciplined frameworks, and leaves assumptions that can be checked.
Open the toolsYucy Mung
Begins with reporting quality, cash flow and accounting; only once the numbers hold do scenarios and risk come in.
Open the toolsZane Yuen
Follows price through models, volatility and scenarios, turning abstract risk into exposures that can be compared.
Open the toolsColin Chow
Reads macro conditions, cross-market ties and the turn of cycles, so each observation keeps its place in the world.
Open the toolsFree Tools
Education and Tools, Free to Use
Calculators, a paper-trading lab, the CalcuSum app and finance videos explain concepts and do the arithmetic. They never say what to buy or sell.
// Regular contribution, period by period
units = 0
cost = 0
for (period in periods) {
price = close(period)
units += contribution / price
cost += contribution
}
value = units * close(last)
gain = value - costOpen to everyone:
Calculators: The regular-contribution calculator back-tests fixed contributions into a major index. Sign in with a United User Centre account to use it; nothing is charged.
Paper Trading: Virtual fills at prices typed in by hand, with no sign-in. No assessment, no funded account and no profit share; reloading clears it.
Videos and App: Finance videos and the CalcuSum app explain concepts and calculations, free of charge.
For Investors
Research and Due Diligence
HW & YZ LLP is a consultancy focused on investment research, due diligence and market analysis. Drawing on research systems, data analysis and market-insight tools, it provides investors, companies and professional institutions with market research, investment analysis and due diligence procedures.
Standard reports
A fixed scope at a fixed price, with the delivery time stated before work starts.
Project quotations
For work outside a standard report: the scope is agreed first, then priced in a written quotation.
Scope of work
- Market and industry research
- Investment analysis: company facts, financials and risks
- Due diligence procedures and findings
Scope, timetable and price are confirmed in a written quotation, and the work is delivered as a written report. No prices are published on this site.
Reports end at facts and risk findings. They give no buy, sell or hold conclusion on any security, and we give no personal investment advice, manage no money and sell no signals or trade copying.
For institutions, companies and professional investors only. Our sister firm Asolidus serves the management of operating businesses; HW & YZ serves investors.
About
HW & YZ LLP
HW & YZ LLP is a UK limited liability partnership focused on investment research, due diligence and market analysis. It offers investment education and tools free of charge, and paid research and due diligence to investors. It also trades on its own account, with its own money only.
Important information
Information, not advice
We provide information, education and research only, and do not advise on buying or selling any specific investment. We do not accept or hold client money, manage accounts or trade for anyone.
Professional clients only
Research and due diligence services are offered only to institutions, companies and professional investors.
Paper trading is virtual
The paper-trading lab has no assessment, no funded account and no profit share.
Data sources
Third-party index levels and quotes are delayed and supplementary; no figure carries a warranty of any kind.
Plain Answers
Frequently Asked Questions
What HW & YZ does, and where its edges lie.

Frequently Asked Questions
The tools, the services and their limits, in brief.
Contact
Get in Touch
Ask about research or due diligence, flag a figure that looks wrong, or ask for a line to be explained.