Weekly Market Monitor - Week 19 Macro Momentum Is Fading, but Market Momentum Is Building.
Macro Momentum is fading, but market Momentum is building. Even though the outlook for Equities is challenging, markets couldn't care less currently.
253 Views
ECM Weekly (21st May 2023) - Alibaba, Cainiao, Baba Cloud, Nexus, DXN, Growatt, Rakuten, JD Ind
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
384 Views
[Alibaba (BABA US, BUY, TP US$109) Earnings Review]: Taobao Growth to Return on Douyin Slow-Down
We maintain BUY and US$ 109 TP as (1) Douyin’s impact is becoming less significant; (2) International business is growing quickly; and (3) Positive...
1.5k Views
Dmall Pre-IPO - The Negatives - Path to Profitability Remains Murky and Related Party Sales an Issue
Dmall Inc (1751691D CH) is looking to raise around US$200m in its upcoming Hong Kong IPO. In this note, we will talk about the not so positive...
527 Views
Alibaba (9988 HK): 4Q23, Physical Store Revenue Decreased for First Time, Downgrade to Hold
Alibaba’s revenue from physical stores decreased year over year for the first time. The operating margin declined despite that Alibaba cut losses...
560 Views