Tencent's Ability to Monetize in Games and Entertainment Drives Forecast (And Target Price ) Higher
We have updated our forecasts for Tencent (700 HK) which feeds through to our target price valuation which moves from $401 to $547. This is a...
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IQIYI IPO Preview: Likely to Remain a Not-For-Profit
iQIYI is a leading Chinese online video platform, backed by Baidu Inc (ADR) (BIDU US), an 80.5% shareholder. In its 4Q17 results on 13 February,...
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Baidu 4Q17: Revenue & EPS Beat; 1Q18 Guidance Slightly Ahead; Planned IQiyi IPO
What You Need to Know Revenue was 2% higher than consensus, while EPS beat estimates by 11%. Revenue rose 29.3% to RMB23.6 billion, while adjusted...
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Sogou 搜狗 2017 Q4: Bigger, yet Smaller
For Chinese search engine Sogou 搜狗 ('search dog'), I think this last quarter was about it's balance sheet, which is now bigger, as a result of a...
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21 Things Worth Knowing (#19)
In today's 21 Things.....China spying on Africa, the purge of dissenting voices continues in Turkey, Carillion fallout (Capita profit warning), no...
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