What Might Have Happened at Luckin Coffee (瑞幸咖啡) + Trade Ideas and Implication for Other ADRs
Luckin Coffee (LK US) announced last night that the Board of Directors has formed a special committee to oversee an internal investigation into...
539 Views
Baidu (BIDU): Issuing Notes, Another Piece of Evidence on Suspicious Cash Balance
Baidu plans to issue notes of US$1 billion. Baidu has a large amount of "short-term investments". Based on the balance sheet, we believe the...
349 Views
Early Signs of Chinese Travel Recovery; Domestic OTAs like TCEL Can Rebound Faster than TCOM
Chinese domestic travel is showing early signs of recovery as business travelers begin to go back to work, and people's fears about the virus...
345 Views
TRACKING TRAFFIC/Chinese Tourism: February Collapse & What Signs of a Recovery Could Look Like
In February, Chinese tourism activity collapsed. Measures of outbound traffic we track declined by 80-90% YoY (or more) while domestic air traffic...
347 Views
China Internet Weekly (30Mar2020): Photos of Crowded Apple Retail Store, Dispute of BABA Vs. PDD
The Apple (APPL) retail store in the city center of Shanghai was crowded last weekend. China will lift the lockdown over Wuhan on April 8. Alibaba...
278 Views