China Internet Weekly (13Apr2020): Tencent, BILI, Xiaomi, TCOM, IQ, TAL
Tencent (700 HK) will consolidate its e-sports subsidiaries. Sony invests $400 million in Bilibili (BILI). Xiaomi (1810 HK) sells low-price...
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Sony Acquires a 4.98% Stake in Bilibili to Capture China’s Gen Z Through Mobile Games and Anime
Sony Corp (6758 JP) announced on Thursday (09th April) that it has entered into a definitive agreement to acquire a 4.98% stake in China’s...
369 Views
China A-Share Strategy: Online Gaming and Video Streaming Get a Boost During Coronavirus Outbreak
Online gaming and video traffic has surged as most of Chinese were confined to their homes to wait out coronavirus outbreak as February data...
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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...
364 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...
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