BEST EXPRESS (NYSE:BSTI) Multiple Headwinds Knock Down Target Price
● We are adjusting BSTI’s TP due to multiple demand, value chain and seasonal headwinds. Yet we are still positive on BSTI’s turnaround in...
119 Views
Alibaba Group Holdings Limited (NYSE: BABA) C4Q17: Time to Look for the Next Driver
● BABA reported top line, non-GAAP operating profit and GAAP net income (3.4)%, (18)% and (12%) below our estimates. Main reason for the fall seems...
172 Views
US' Quantitative Tightening; Chinese Regulators’ Push for Deleveraging
The S&P 500 (SPX INDEX) fell by 5.2% last week and now stands 8.8% below its record high of 2873 on January 26. A combination factors...
88 Views
What Change Will JD Logistics (JDL) Bring to the E-Commerce and Logistics Markets?
Summary:We think JD Logistics' (JDL) valuation at US$10bn is reasonable. The reason is that integrated logistics have the advantage in China...
279 Views
BABA FYQ3: 'Core Commerce' & CaiNiao Decelerate, Guides to Slower FYQ4, Negative for Express Parcels
Early Thursday morning in New York, Alibaba Group Holding Ltd (BABA US) reported FYQ3 (December) results that showed a sharp deceleration of growth...
144 Views