Tencent Holdings - Bulge Bracket Bull
TENCENT HOLDINGS: A competitor recently suggested the shares of Tencent have 73% upside. We beg to differ, further pain in these shares is expected...
327 Views
Bukalapak IPO Trading - Largest Indo IPO, Big Pop Could Get It into FTSE
Bukalapak (BUKA IJ) raised US$1.5bn at IDR850 per share, the top end of its IPO price range. Bukalapak (BUKA) is an Indonesian e-commerce company.
317 Views
Alibaba (BABA): FY1Q22, Physical Stores Growing Strongly, Margin Lower but Controllable, 30% Upside
Revenue from physical store chains grew by 80% YoY in 1Q22. The margin decline is partly due to temporary changes. Generally, we believe EPS will...
263 Views
Tencent Holdings – Clairvoyance Pays Off
TENCENT HOLDINGS: Square has agreed to purchase Afterpay for USD 29 bn, and Tencent stands to gain 462% or over USD 800 mn. While positive,...
260 Views
Cloud Village (NetEase Music) Pre-IPO - Initial Thoughts on Valuation
Cloud Village Inc. (CVI), also known as NetEase Music, plans to raise around US$1bn in its Hong Kong IPO. The company has also obtained investments...
298 Views