China/Asia TMT

Shawn Yang

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

Thematic (Sector/Industry)

<ul>
<li>3690.HK/Douyin: Douyin's latest strategy in China food delivery market, per Chinese local media reports (-)</li>
<li>1024: Kuaishou launches annual eCommerce conference for merchants ( + )</li>
<li>LEGN：Legend raised another US$350mn, which can support at least one year of operation (+)</li>
</ul>


3690.HK/Douyin: Douyin's latest strategy in China food delivery market, per Chinese local media reports (-)
1024: Kuaishou launches annual eCommerce conference for merchants ( + )
LEGN：Legend raised another US$350mn, which can support at least one year of operation (+)


China TMT Update(May 10) - 3690.HK/Douyin/1024.HK/LEGN: Douyin's Latest Strategy in Food Delivery

<ul>
<li>PDD: Douyin launches “Super Cheap Little Shop” to provide low cost products (-)</li>
<li>ByteDance/BEKE: ByteDance give up offline housing brokerage business, while online business remains（+）</li>
<li>NIO: NIO to officially launch all-new ES6 on May 24 (+)</li>
</ul>


PDD: Douyin launches “Super Cheap Little Shop” to provide low cost products (-)
ByteDance/BEKE: ByteDance give up offline housing brokerage business, while online business remains（+）
NIO: NIO to officially launch all-new ES6 on May 24 (+)


China TMT Update (May.6) - Douyin/PDD/ByteDance/BEKE/NIO: Douyin Launches “Super Cheap Little Shop”

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>In Depth: Chinese firms flock to Saudi Arabia in Middle East gold rush</li><li>Trending in China: About two dozen women accuse prominent screenwriter of sexual harassment</li><li>China’s factory activity contracts amid weak demand, Caixin PMI shows</li></ul>

In Depth: Chinese firms flock to Saudi Arabia in Middle East gold rushTrending in China: About two dozen women accuse prominent screenwriter of sexual harassmentChina’s factory activity contracts amid weak demand, Caixin PMI shows

CX Daily: Chinese Firms Flock to Saudi Arabia in Middle East Gold Rush

<ul><li>In Depth: Tencent, ByteDance gut metaverse units in virtual reality check</li><li>Xi affirms China’s commitment to restoring peace in Ukraine in phone call with Zelenskyy</li><li>British Airways resumes service to China after two-year hiatus</li></ul>

In Depth: Tencent, ByteDance gut metaverse units in virtual reality checkXi affirms China’s commitment to restoring peace in Ukraine in phone call with ZelenskyyBritish Airways resumes service to China after two-year hiatus

CX Daily: Tencent, ByteDance Gut Metaverse Units in Virtual Reality Check

Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Private Capital Markets

Pico Technology / Private Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/qingdao-pico-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:36878:1" rel="noopener">Pico Technology (1870309D CH)</a>  is a Virtual Reality (VR) / Extended reality (XR) technology company that develops and sells VR glasses and comprehensive XR solutions.</li>
<li>The company is the market leader in the XR market in China and has a global presence. It was acquired by ByteDance in 2021.</li>
<li>PICO is a company to watch for in the VR/XR segment given it operates in a growing market and has already established itself as a prominent player in this space.</li>
</ul>



Pico Technology (1870309D CH)  is a Virtual Reality (VR) / Extended reality (XR) technology company that develops and sells VR glasses and comprehensive XR solutions.
The company is the market leader in the XR market in China and has a global presence. It was acquired by ByteDance in 2021.
PICO is a company to watch for in the VR/XR segment given it operates in a growing market and has already established itself as a prominent player in this space.


China

Beijing Douyin Information Service Co. Ltd. provides online information and contents. The Company develops and operates short video platform, original short video community, news platform, and other related products. Beijing Douyin Information Service offers services worldwide.

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ByteDance (1439927D CH)

China TMT Update(May 10) - 3690.HK/Douyin/1024.HK/LEGN: Douyin's Latest Strategy in Food Delivery

Douyin/3690: Douyin's strategy in food delivery(-); 1024: Kuaishou launches annual eCommerce conference for merchants (+) ;LEGN：Legend raised...

Blue Lotus Research Institute

China TMT Update (May.6) - Douyin/PDD/ByteDance/BEKE/NIO: Douyin Launches “Super Cheap Little Shop”

PDD: Douyin launches “Super Cheap Little Shop” (-)；ByteDance give up offline housing brokerage business, while online business remains（+）；NIO to...

Blue Lotus Research Institute

CX Daily: Chinese Firms Flock to Saudi Arabia in Middle East Gold Rush

In Depth: Chinese firms flock to Saudi Arabia in Middle East gold rush. Trending in China: About two dozen women accuse prominent screenwriter of...

Caixin Global

CX Daily: Tencent, ByteDance Gut Metaverse Units in Virtual Reality Check

In Depth: Tencent, ByteDance gut metaverse units in virtual reality check. Xi affirms China’s commitment to restoring peace in Ukraine in phone...

Caixin Global

PICO: Leader in Chinese XR Market

PICO is the market leader in the XR market in China with a global presence and was acquired by ByteDance in 2021. PICO is a company to watch for...

Shifara Samsudeen, ACMA, CGMA

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52-week Range

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