Softbank Group - Buybacks and New Listings Have Narrowed Discount to Two-Year Peak
A healthy amount of share buybacks and a solid return for Vision Fund’s public holdings have taken the holding company discount back below 30% for...
286 Views
Sea Ltd Valuation: SOTP Suggests Over 40% Downside Risk
The total EV of Sea’s three main segments is US$ 57.6 billion compared to Sea’s current EV of US$ 100.4 billion. Our SOTP valuation implies 42%...
518 Views
China Internet Weekly (4Jan2021): Tencent’s Conflict with Huawei, Authorities’ Ban on New Year Tour
Tencent’s games had disappeared on Huawei’s app store for one day. The authorities fined BABA, JD, VIPS for “unfair pricing”. The authorities...
295 Views
Smartkarma North Asia Weekly: Alibaba Antitrust, OFAC Clarification, China Logistics, & Kuaishou IPO
In this edition of the Smartkarma North Asia Weekly, it summarizes some of the top insights on Smartkarma in the past week covering Japan, HK...
835 Views
Jack Ma in Xi’s Crosshairs: Alibaba Could Be Collateral Damage
The growing discord between Jack Ma and the government makes us second guess an investment in any Jack Ma related business regardless of their...
768 Views