Tencent Continues to Surge past Expectations. Its Earnings Flexibility Makes It a Core Holding.
We updated our price target and forecasts for Tencent (700 HK) recently ahead of the 2Q result. Our price target moved from HK$260 to HK$371. The...
190 Views
Chinese Housing Market Weekly Update
Chinese Housing Market Update Week 28[1]: July 10th – July 16th 2017China Q2 GDP China's GDP grew at 6.9% in Q2 17 year-over-year, and was flat...
128 Views
Short WUBA to Profit from China's Housing Market Corrections
WUBA is one of our top short recommendations at the moment. Year-to-date the stock rallied 57% / year from $28 to $44. There are a few drivers...
274 Views
Tightening Policies Curb Speculative Home Buyers in H2 2017
Last week, we had the opportunity to speak with policy advisors regarding the central government’s thoughts and policy planning regarding the...
156 Views
Chinese Housing Market Update
There is an apparent divergence in sales performance between the key cities (for which we provide weekly tracking data) and the under-the-radar...
189 Views