Meituan (3690 HK): Meituan Spending Money, But Agents Accumulating Customers for Themselves
We believe Meituan will not make money from Meituan Select.We also believe Meituan Select will not bring customers to other businesses of Meituan's.
398 Views
Trip.com Secondary Listing Quick Take - Doing the Bare Minimum - Needs Some More Correction
Trip.com plans to raise around US$1.2bn in its secondary listing in Hong Kong. In this note, we’ll take a look at the final deal terms and talk...
389 Views
Tencent Bull Parameters Line up Nicely
Tencent Holdings exhibits very bullish points near long term trendline support as cyclical indicators gear up for a fresh bull cycle. China tech...
368 Views
Linklogis IPO Trading - Decent but Not Hot Demand
Linklogis, a technology solution provider for supply chain finance in China raised around US$1bn in its Hong Kong IPO. Its early investors include...
419 Views
StubWorld: Naspers/Tencent - And Another Three Years
This is a range trade situation. Expect management to get involved when Prosus widens to a ~40% discount to Tencent and Naspers at a 30% discount...
391 Views