[Kanzhun Ltd.(BZ US, SELL, TP US$14.5) TP Change]: Growth Target Cannot Justify High Valuation
BZ's 3Q23 results exceeded expectations, but the sustainability of cost savings and investment income is questionable. Even if BZ achieves its...
283 Views
China TMT Update-Oct.14-3690.HK/BABA/JD/DADA/DDL/9699.HK/Kanzhun/700.HK/CPNG:Douyin 1-Hr Delivery
Douyin adds a more prominent entrance for its 1-hr delivery supermarket feature; No signal for rebound in job market in China yet; QQ Browser...
1.1k Views
China TMT Update-FUTU/BIDU/700.HK/BABA/Boss Zhipin-FUTU Expand in Japan/Approval to AI/PMI Improved
Futu: Zero-commission stock trading to debut in Japan next month;BIDU/700.HK/BABA: CAC has approved the filing of 11 LLM products;Boss Zhipin:...
620 Views
[Blue Lotus Sector Update]: Time to Buy China Internet and Consumer Names
We view the rallies in Chinese Internet and Consumer names to be sustainable in C3Q23 as regulatory environment to be both favourable and macro...
277 Views
China TMT Update-BZ/PDD/3690/NTES/700/Douyin-PDD Launches Local Life Services Portal
Boss Zhipin: Boss Zhipin MAU growth rate is higher than peers’; PDD/3690.HK: PDD launches local life services portal; NTES/700HK: The Rise of...
308 Views