Tencent (700 HK) – Investment Gains Not Sustainable, Reached Our Target, Upgrade to HOLD
The stock price has touched and is close to our last target. Upgrade to HOLD. All “BAT” have spent significantly on investee companies, but...
197 Views
Sea Ltd: Is Shopee Turning the Corner?
Conference call indicates that, by raising its adjusted revenue guidance, management of Sea Ltd (SE US) is more bullish. The reality check is that...
363 Views
IQIYI: Falling Further Behind Tencent Video
Comparing iQIYI Inc (IQ US) to its key competitor, Tencent Video, is increasingly possible due to regular quarterly disclosure of certain financial...
237 Views
Xiaomi IPO: Why “Honest Prices” Is Rarely Honest
Xiaomi Corp (XIAOMZ CH) 's upcoming Hong Kong IPO will be the biggest IPO since Alibaba Group Holding Ltd (BABA US) fetched $21.8 billion in New...
483 Views
Observations from Three Weeks Marketing Japanese Equities in the US
It is widely observed that the Japanese stock market performs poorly in calendar 1Q and seems to do okay for the rest of the year. With that in...
132 Views