[Alibaba (BABA US, BUY, TP US$109) Earnings Preview]: Recovery Is on the Way Amid Weakness in C1Q23
We maintain BUY and our US$109 TP as: 1) Taobao and Tmall sales shows recovery trend; 2) near-term benefit of unveiling its LLM AI; and 3) benefit...
398 Views
MTR (66 Hk): Now if You Missed the First Bounce
MTR is the public transport play that benefits from higher ridership as tourists started to pack HK again but its share price is lagging behind...
592 Views
China Internet Weekly (10Apr2023): Tencent, Douyin, Bilibili, Alibaba, Baidu, World Perfect
Tencent authorized video editing right to Douyin, one of its main competitors. Some of Bilibili’s video uploaders cannot survive the hard time....
327 Views
ECM Weekly (10th Apr 2023) - Rakuten Bank, Merdeka Battery, ZJLD, Socionext, Trial Holdings
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
517 Views
ZJLD Group Pre-IPO - Thoughts on Valuation
ZJLD Group (ZJLD HK) is looking to raise up to US$500m in its upcoming Hong Kong IPO. In this note, we discuss our earnings assumptions and share...
526 Views