Blue Lotus China New Economy Research, Blue Lotus Research Institute

Eric Wen

Blue Lotus China New Economy Research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Equity Bottom-Up

<ul>
<li>We tallied China renewable energy industry’s expansion overseas in June 2023 and recalibrated our result about one year after. </li>
<li>We see Chinese firm’s strategy of building capacities in the outskirt of US/Europe hard to defeat;</li>
<li>The negative is manufacturing job losses at home. We also find more local competition in solar PV invertors.</li>
</ul>


We tallied China renewable energy industry’s expansion overseas in June 2023 and recalibrated our result about one year after. 
We see Chinese firm’s strategy of building capacities in the outskirt of US/Europe hard to defeat;
The negative is manufacturing job losses at home. We also find more local competition in solar PV invertors.


[Blue Lotus New Energy Sector Update]: Rocky but Firm: China New Energy’s Venture Overseas

Overseas Chinese Equities, Aequitas Research

Ming Lu

Overseas Chinese Equities

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>NEV sales volume grew by 47% YoY in December 2023 and 36% in 2023.</li>
<li>BYD’s sale volume grew by 62%, higher than the industry average, 36%, in 2023.</li>
<li>All NEV stocks plunged, but we still believe BYD has an upside of 61%.</li>
</ul>


NEV sales volume grew by 47% YoY in December 2023 and 36% in 2023.
BYD’s sale volume grew by 62%, higher than the industry average, 36%, in 2023.
All NEV stocks plunged, but we still believe BYD has an upside of 61%.


BYD (1211 HK): All NEV Stocks Plunged After Strong Industry Data – Opportunity Coming

<ul>
<li>Guangzhou Automobile sales volume of new energy vehicle decreased by 38% YoY in June and by 31% YoY in 1H24.</li>
<li>BYD plans to invest US$1 billion to build a factory in Turkey.</li>
<li>AliPay announced that foreigners’ consumption amount in China in 1H24 was eight times of last year.</li>
</ul>


Guangzhou Automobile sales volume of new energy vehicle decreased by 38% YoY in June and by 31% YoY in 1H24.
BYD plans to invest US$1 billion to build a factory in Turkey.
AliPay announced that foreigners’ consumption amount in China in 1H24 was eight times of last year.


China Consumption Weekly (15 Jul 2024): Seres, BYD, Guangzhou Automobile,Trip.com

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>This is the Brand Spanking New and Extra Spiffy H/A-Share Discount/Premium Weekly designed to help investors see the relationships easily. We used to do it. </li>
<li>We decided to bring it back better. There are lots of cool interactive tables, and charts, heat maps, and comparative data. And 19 Trade Recommendations. </li>
<li>We hope this new version serves readers even better. Feedback is actively solicited to see if we can improve it from here. </li>
</ul>


This is the Brand Spanking New and Extra Spiffy H/A-Share Discount/Premium Weekly designed to help investors see the relationships easily. We used to do it. 
We decided to bring it back better. There are lots of cool interactive tables, and charts, heat maps, and comparative data. And 19 Trade Recommendations. 
We hope this new version serves readers even better. Feedback is actively solicited to see if we can improve it from here. 


The Brand Spanking New Extra Spiffy 🦄H/A-Share Discount/Premium Weekly (As of 11 Aug 2023)

<ul>
<li>BYD’s sales volume increased by 35% YoY in June and by 39% YoY in 2Q24.</li>
<li>Tesla’s Model Y is on the state-owned corporation procurement catalogs.</li>
<li>Microsoft plans to close its franchised store chain in China due to the weak demand for Surface.</li>
</ul>


BYD’s sales volume increased by 35% YoY in June and by 39% YoY in 2Q24.
Tesla’s Model Y is on the state-owned corporation procurement catalogs.
Microsoft plans to close its franchised store chain in China due to the weak demand for Surface.


China Consumption Weekly (8 Jul 2024): BYD, Seres, Tesla, Microsoft, XHS, Mixue

China

BYD Company Limited manufactures automotive products. The Company produces ordinary passenger cars, commercial vehicles, and other products. BYD also operates battery making, rail transportation construction, and other businesses.

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BYD (002594 CH)

[Blue Lotus New Energy Sector Update]: Rocky but Firm: China New Energy’s Venture Overseas

Chinese renewable energy firms are expanding overseas, with a focus on building capacities near US/Europe, leading to job losses at home and...

Blue Lotus Research Institute

BYD (1211 HK): All NEV Stocks Plunged After Strong Industry Data – Opportunity Coming

NEV sales volume grew by 47% YoY in December 2023 and 36% in 2023. BYD’s sale volume grew higher than the industry average. All NEV stocks plunged,...

Ming Lu

China Consumption Weekly (15 Jul 2024): Seres, BYD, Guangzhou Automobile,Trip.com

GAC sales volume of new energy vehicle decreased by 31% YoY in 1H24. BYD will build a factory in Turkey. AliPay' foreigner consumption amount in...

Ming Lu

China Consumption Weekly (8 Jul 2024): BYD, Seres, Tesla, Microsoft, XHS, Mixue

BYD’s sales volume increased by 35% YoY in June and by 39% YoY in 2Q24. Tesla’s Model Y is on the state-owned corporation procurement catalogues....

Ming Lu

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

[Blue Lotus New Energy Sector Update]: Rocky but Firm: China New Energy’s Venture Overseas

​Chinese renewable energy firms are expanding overseas, with a focus on building capacities near US/Europe, leading to job losses at home and...

Blue Lotus Research Institute

BYD (1211 HK): All NEV Stocks Plunged After Strong Industry Data – Opportunity Coming

NEV sales volume grew by 47% YoY in December 2023 and 36% in 2023. BYD’s sale volume grew higher than the industry average. All NEV stocks plunged,...

Ming Lu

China Consumption Weekly (15 Jul 2024): Seres, BYD, Guangzhou Automobile,Trip.com

GAC sales volume of new energy vehicle decreased by 31% YoY in 1H24. BYD will build a factory in Turkey. AliPay' foreigner consumption amount in...

Ming Lu

The Brand Spanking New Extra Spiffy 🦄H/A-Share Discount/Premium Weekly (As of 11 Aug 2023)

Quiddity's New & Improved And Really Quite Spiffy H/A Discount Monitor. All the H/A Pairs, universe & sector metrics, with interactive tables and...

Travis Lundy

China Consumption Weekly (8 Jul 2024): BYD, Seres, Tesla, Microsoft, XHS, Mixue

BYD’s sales volume increased by 35% YoY in June and by 39% YoY in 2Q24. Tesla’s Model Y is on the state-owned corporation procurement catalogues....

Ming Lu

Chinese renewable energy firms are expanding overseas, with a focus on building capacities near US/Europe, leading to job losses at home and...