TAL Education (TAL): Revenue Warning, Advantage of Extended Vacation Disappeared for Four Reasons
TAL reduced its estimate for the 4Q2020 revenue growth by 3 percentage points. We think there are four negative factors contributing to the...
376 Views
GSX Techedu (跟谁学) Follow-On Offering - Strong Performance Since IPO
Shareholders of GSX Techedu (GSX US) are looking to sell about 15m ADS, representing 10m ordinary A shares. We have covered the company in its IPO...
446 Views
CMGE Technology IPO: Valuation Game on at the Low-End
CMGE Tech (CMGE HK) is a top ten games publisher in China focusing primarily on IPs relating to well-known cultural products and artworks. CMGE...
441 Views
Could Tencent Bid for NIO to Revive Growth? A Deep-Dive into Potential M&A Targets.
After Tencent's bid for Bitauto (BITA US) /Yixin Group (2858 HK), we believe Tencent may be in the market to buy back stakes in underperforming...
569 Views
Tencent Bid for Bitauto: A Change in Strategy to Reignite Growth?
Tencent has been in a tough spot of late - outer year revenue estimates for the company have continued to fall for the past year (Source: Reuters)...
392 Views