NIO Post-CBS Rally Making TSLA Valuation a Grand Bargain (Price Target =$3)
CBS 60 Minutes featuredNIO Inc (NIO US) , a Chinese electric car seller last weekend. The stock jumped 30% in the 2-days following the show being...
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Baidu (BIDU): Stagnant in 4Q18, Wrong Change Feeds a 24% User Increase to Google
Baidu posted a weak result for 4Q2018. We believe it is a wrong decision to change Baidu into an in-house search engine. Alphabet Inc Cl C (GOOG...
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Retail Margin Loans Funded Refueling China’s A-Share Market
Yesterday in Beijing, China Securities News published an article highlighting President Xi’s calling for stock market to become a nation’s core...
381 Views
IQiyi (IQ): In 4Q18, Baidu’s Growth Engine Lost Control Over Content Cost
We notice that the growth rate of cost of revenues exceeded the growth rate of membership revenues. We believe that the margins will continue to...
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Spotify: Playbook for Online Platforms to Turn Profitable - Implications for Meituan Dianping
Our analysis of how Spotify Technology Sa (SPOT US) turned profitable in 4Q18 reveals three key ingredients: critical mass in sales, GM...
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