China Internet Weekly (31Aug2020): Q2 Result of Weak Xiaomi, Overheated BILI, DADA, and BITA
Alibaba (BABA)’s subsidiary, Ant Group, is profitable. Xiaomi had weak revenue and weaker profit in 2Q20. Tencent Music plans to issue...
267 Views
Asia Ex-Japan Positioning: Entertainment Stocks See Inflows
Entertainment stocks see ownership levels soar. Average weights stand at 2.06% with a record 62% of funds exposed to the sector. Moves to the 3rd...
315 Views
NetEase (NTES): Better Growth in 2Q20, Margin Down, But Not in Game
The growth rates of total revenue and game revenue continued to accelerate in 2Q20. Minor businesses as a whole grew by 44% YoY, even more rapidly...
351 Views
Tencent Music (TME): The Profit Source Still Weak in 2Q20, Downgrade to Sell
Social entertainment accounted for 68% of total revenue, but its recovery was limited in 2Q20. Social entertainment is the only profit source in...
344 Views
China Internet Weekly (10Aug2020): Pompeo Mentioned Decoupling List, How About Apple in China?
U.S. Secretary of State, Pompeo, suggests Chinese cloud companies should be banned. If the users in China face the choice between WeChat and...
297 Views