Meituan: Attractive 2019; Covid-19 Limits the Use of Quantamental Analysis for 2020
Meituan Dianping (3690 HK) released extremely attractive results for 4Q last week, surprising the market with an operating profit. Revenue grew...
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Alibaba (BABA): Fresh Food Booming and Freshippo Leading After Virus Outbreak
The active user base of online fresh food industry increased 58% YoY in the month after the Chinese New Year vacation in 2020 over the month in...
451 Views
HSI Rebalance Preview June 2020 - To Change or Not to Change
The Hang Seng Indexes Company Limited (HSIL) will announce the results of the 2020 Q1 review of the Hang Seng Family of Indexes on 15 May. The...
485 Views
TRACKING TRAFFIC/Chinese Tourism: February Collapse & What Signs of a Recovery Could Look Like
In February, Chinese tourism activity collapsed. Measures of outbound traffic we track declined by 80-90% YoY (or more) while domestic air traffic...
348 Views
Meituan (3690 HK): Expects Significant Revenue Decline and Stock Price Downside
We believe revenues will decrease 45% QOQ and 20% YoY in 1Q2020. We believe operating margin will be -15% in 1Q2020 and -4% in 2020. Our...
343 Views