Tencent (700 HK): Raise Margin Estimates After 3Q23 Results, 30% Upside, Buy
Advertising, international game, and Fintech grew by two digits, but domestic entertainments were stagnant. The gross margins of all business lines...
299 Views
Zeekr Pre-IPO - The Negatives - Remains Highly Dependent on Geely
ZEEKR, a premium EV brand by Geely Auto (175 HK), aims to raise around US$500m in its US listing. In this note, we talk about the not-so-positive...
437 Views
Zeekr Pre-IPO - The Positives - Has Been Growing Very Fast While Meeting Its Targets
Zeekr, a premium EV brand by Geely Auto (175 HK) , aims to raise around US$500m in its US listing. In this note we talk about the positive aspects...
558 Views
The Week Ahead: No Shortage of Potential Catalysts; Tencent (700) Reports, MSC Index Changes, US CPI
The earnings, index and economic events calendar is packed for the week ahead. Tencent reports on Wednesday & MSC announce index changes for the...
270 Views
HK Connect SOUTHBOUND (To 10 Nov 23); High-Div SOEs AGAIN See Outflows, Tencent and ETFs Big Buys
In last week's SOUTHBOUND flows, high dividend SOEs such as China Mobile and CNOOC again saw net selling while Tencent and three major listed ETFs...
363 Views