Ant Group Proposes Share Buyback at Roughly 30% of IPO Valuation
Ant Group Co. Ltd. has offered to buy back some shares at a whopping 70% discount to the unrealized valuation for its ill-fated IPO, shortly after...
513 Views
CX Daily: China Looks to Saudi Arabia Amid Shifting Sands in U.S. Economic Ties
Saudi Arabia /Cover Story: China looks to Saudi Arabia amid shifting sands in U.S. economic ties China-U.S. /: In talks with Yellen, China demands...
270 Views
[Alibaba (BABA US, BUY, TP US$116) Target Price Change]: CMR Improves on Expanded Merchant Base
We expect BABA to report C2Q23 (F1Q24) top-line and non-IFRS net income 2% and 21.5% vs. consensus, respectively. We raise TP to US$ 116 TP, due to...
369 Views
China Internet Weekly (10Jul2023): Meituan, Alibaba, Ant Group, Tencent
Meituan’s food delivery has taken 20% of the Hong Kong market share. The authorities suggests that they will not further restrict financial apps.
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China TMT Update Jul.10-Baba/LKNCY/BEKE-Ant Group Fine/COTTI Downgrade Promotion/Home Decoration Biz
BABA: Ant Group fine to be announced (+);LKNCY: COTTI Coffee downgrade its promotion campaign (+);BEKE: Beike is exploiting new opportunity in home...
1.6k Views