Baidu (BIDU): Returning to Hospital Clients Impacted Margin, But Will Bring Growth, 17%~59% Upside
The operating margin of the search business declined in 3Q18 - We believe return to the hospital clients raised marketing expenses. We believe...
482 Views
IQIYI (IQ US): 3Q18 Results Show that the Hype Is Slowly Running Out of Steam
Since its IPO at $18.00 per ADS, iQIYI Inc (IQ US)'s shares reached a high of $46.23 to mark the peak of its hype cycle. However, the shares have...
402 Views
Tencent Music Pre-IPO - Valuations Estimates - Leaving on a Jet Plane - $30bn Was Quite Stretched
Before I could publish this insight, on my way to work I just read in the FT that the IPO has been called off for now. One can't be sure when it...
864 Views
Tencent Music Pre-IPO - Quick Peer Analysis - If I Was You, I'd Wanna Be Me Too - Bigger and Faster
In my previous insights, the company's performance:Tencent Music Pre-IPO Review - The Final Countdown - Growth Doesn’t Seem to Be Slowing Down, the...
665 Views
China Renaissance Capital IPO Review - Priced to Perfection
China Renaissance Holdings (1911 HK) is looking to raise up to US$433m in its IPO. Proceeds raised will be mainly used to expand its investment...
490 Views