ZTO Express: 1Q19 GAAP EPS Missed on Margins, Retain Sell Rating & US$13.31 Price Target
Despite beating revenue expectations by over 5% and recording a +100 mn RMB YoY increase in net non-operating income, ZTO missed consensus 1Q19...
430 Views
IQ Q1 Review: Flat Ad Sales; Decelerating Membership Growth Due to Slow Macro and Content Scrutiny
Last Thursday after market closed, IQ reported doubling operating losses in Q1 YoY amid new subscriber and ARPU growth deceleration and lack of...
531 Views
Baidu (BIDU): Obituary - Review the Way to First Loss Since IPO
This is a very short review of Baidu’s whole story – After the market changed, Baidu Changed, but to a wrong way. We suggest closing out Baidu and...
805 Views
Luckin Coffee's Upsized IPO: Why Investors Trod Where Analysts Feared?
Luckin Coffee (LK US)'s upsized IPO listed at Nasdaq last week with an attractive debut-pop at USD25 vs IPO price of USD17 and eventually closed at...
718 Views
IQiyi (IQ): Margin Significantly Recovered After Dismissing a Floor of Employees
The operating margin significantly recovered in 1Q19 after IQ fired a floor of employees in its headquarters. IQ will continue its layoff in its...
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