Pinduoduo: Long Thesis Is Getting Less and Less Attractive
Pinduoduo (PDD US) has been a “Wall Street Darling” during the time of the pandemic. PDD’s share price has increased by more than 60% in the last...
419 Views
HK Weekly Short Interests: Spike for Tencent, Meituan, Big Covers for China Gas, Longfor
Hong Kong SFC reported on today for aggregate short position on Apr 17. The aggregate short value for equities increased by $1,621m (+3.0%) WoW and...
220 Views
Alibaba (BABA): SEC Chair’s Warning Against Chinese Equities
Trump-nominated SEC Chairman appeal to investors for not investing in Chinese equities. We believe his claim is political but not financial. We...
471 Views
China Internet Weekly (27Apr2020): BABA, PDD, BIDU, Xiaomi, JOBS, Most Moves Are About Cash
We believe cash balance may not tell the truth, but companies’ moves will. Alibaba (BABA) plans to invest in computing infrastructure – fat...
265 Views
Clear Media: Comp Doc Out. Done Deal. Payment 19 May
On the 31 March, Clear Media Ltd (100 HK)-management-led Ever Harmonic made a voluntary cash offer for Clear at HK$7.12/share, a 50.21% premium to...
318 Views