Shift Exposure From EAFE to EM
We are recommending a shift from developed international markets (EAFE) to emerging market equities, as the MSCI EM index is breaking topside...
757 Views
Pinduoduo (PDD): Not Spokesman of Low-Income Consumers
Pinduoduo (PDD) portrays itself as the spokesman of low-income consumers. We find Alibaba Group Holding (BABA US) had a large presence in...
326 Views
China Internet Weekly (9Dec19): AliPay Crashed, 327 Companies Bankrupt in 2019 Vs. 2145 in 2017
While researching Chinese Internet companies, we frequently come across news that merits being highlighted to investors, however, it is not big...
338 Views
Behind PDD’s Big Q3 Misses, Profit Mission: Impossible 2020, 2021, 2022...
Pinduoduo (PDD US) ’s unattainable path to profitability is a cautionary tale of next-gen social sharing economy. Investors beware: capital in...
324 Views
ZTO Express 3Q19: Slowing Growth and a Struggle to 'convert'
Rising volume share and an increase in non-core and non-operating income helped ZTO Express (ZTO US) beat consensus earnings estimates for 3Q19....
272 Views