Koolearn: Marketing Expenses Have Taken Operating Profits Down the Drain
Koolearn updated its IPS prospectus and posted operating losses for 1H2019 (ended Nov. 2018). The company spent significantly on online promotion,...
338 Views
Baidu (BIDU): The Change Amounts to Business Suicide, Disappointing Existing Users and Clients
Baidu's new methodology directs the large majority of search results to its in-house functions, especially to its blog function BJH (百家号). Baidu...
573 Views
Weibo (WB) - Short Seller Has Left, Little Downside and Significant Upside, Upgrade to Buy
The stock price did not decline after 3Q18 results were released. This is very different from the plunges that the shares saw after the 2Q18 and...
452 Views
China; Passive Inflows, National Service and Wealth Destruction.
There is an inherent contradiction between Beijing’s drive to consolidate state control over the corporate sector and internal capital investment,...
735 Views
58.com (WUBA): Top Risk - Clients Cheat Users, 18% Downside
The Beijing municipal government shut down WUBA’s rental channel in Beijing for 5 days, as the the authorities found that WUBA had illegal...
437 Views