Tencent Music（TME）: We Think It Is Worth USD 28.3 Bn --(1)
Facing a high-level user scale, we expect Tencent Music's future user scale to encounter growth bottlenecks. According to our estimation, the total...
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Tencent Music Entertainment Group – Back in the Groove with an Unjustified Valuation Multiple
The proposed IPO of Tencent Music Entertainment (TME US) although highly anticipated is no slam dunk for investors. China's online social...
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ECM Weekly (1 December 2018) - Softbank Corp, Tencent Music, Cansino, Wuxi Apptec, Fosun Tourism
Aequitas Research puts out a weekly update on the deals that have been covered by Smartkarma Insight Providers recently, along with updates for...
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Mobvista IPO - One Client Rescued 1H18, the Slowdown Has Been on Since 2H17. P/E Doesn't Matter
Mobvista (MBV HK) plans to raise around US$200m in its Hong Kong IPO. I have covered most aspects of the deal in my earlier insight, Mobvista...
509 Views
IDreamSky IPO Valuation: Ready Player One
iDreamsky Technology Limited (1119 HK) is an independent game publisher and developer in China, backed by Tencent Holdings (700 HK) which a 21%...
570 Views