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...
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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...
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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...
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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...
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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...
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