IQIYI Valuation: Netflix of China Seems Overvalued; No Growth Without Sacrificing Profits
This is the second of a series of reports on the Chinese streaming platform iQiyi where we will be discussing the company’s valuation.
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Emerging Markets Breaking Out
Emerging markets (EEM-US) are breaking above major $46.30 resistance to hit highs not seen since June 2018. Additionally, RS on EEM-US is near 1...
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Cautiously Optimistic on Global Equities
We are constructive on global equities and would be buyers on a pullback. A move below $77 would start to get very concerning, and would leave $75...
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Tencent (700 HK): Illegal Gambling Risk in Merger of Huya and Douyu
Central government media released a virtual casino on Douyu. Last year, other media released Huya has the same illegal gambling problem. We...
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China Internet Weekly (5Oct2020): Internet Revenue Overcame Pandemic, Internet User Base Accelerated
Internet companies’ revenue increased strongly from May to August. The growth rate of internet user base accelerated in 2Q20. Weibo (WB)’s...
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