TRACKING TRAFFIC/Chinese Express: May Volume Strong | Pricing Anemic | Value Capture Shrinking
May parcel volume was strong, with overall volume increasing 41.1% YoY. Inter-city shipments -- which account for the majority of shipments --...
326 Views
"Delisting Deceitful Chinese Companies Act" Not a Slam Dunk and Has More Bark Than Bite if It Passes
Deceitful Chinese companies exploiting Americans. Cheaters, cheating at every turn. Flouting laws and swindling the elderly. Communists! Billions...
484 Views
JD Secondary Trading Update - Strong Demand but Won't Have Any Index Flows
JD.com Inc (ADR) (JD US) raised around US$4.4bn (including over-allocation) via its secondary listing in Hong Kong. I've covered various aspects...
443 Views
Discussion with PDD's IR Team (Part II): Mid-Term Strategy Seems to Be Different from Alibaba and JD
Our recent conversation with the Pinduoduo (PDD US)’s IR team suggests that the company’s medium-term strategy is broadly different from other...
343 Views
Short YTO Express: Sharp Recovery in Volume Masks Effects of Intensifying Price War
After getting hit by Covid-19 in February and early March, Chinese express company YTO Express (600233 CH) has roared back to life, hitting a...
303 Views