Alibaba (BABA): 4Q2020 Preview, GMV Bounced Back in March
BABA’s GMV (Gross Merchandise Value) in the March quarter was flat with the same period last year. The GMV growth rate bounced back to 9% YoY in...
321 Views
Tencent 1Q20: Mini-Programs & Enterprise Collaboration to Shine in 2020 as Firms Rush to Digitize
Tencent's Q1 results posted an all-around beat as the Company benefitted from increased user engagement during COVID-19. We maintain our overweight...
298 Views
China ADRs Secondary Listing: COVID-19 Has Increased the Tension but Narrowed the Short List
Ever since Alibaba successfully completed its secondary listing in Hong Kong in Nov 2019, markets have been abuzz with news of other companies...
531 Views
Short Interest Spiked for China Gas, Country Garden Svc, Big Covers for Innovent
Hong Kong SFC reported today for aggregate short position on Apr 29. The aggregate short value for equities increased by $1,489m (+2.7%) WoW and...
236 Views
Weekly (11May2020): Labor Day Online Sales up 36%, BABA & PDD on U.S. Blacklist
Labor Day vacation online sales increased 36.3% YoY. Alibaba (BABA) and Pinduoduo (PDD) are blacklisted by the Office of the U.S. Trade...
276 Views