Yeahka IPO: Valuation Insights
Yeahka Limited (9923 HK) is a leading payment-based technology platform in China. It is the second-largest non-bank independent QR Code payment...
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NetEase (NTES): Revenue Growth Accelerated to Two-Year High, But Underperformed Tencent and Industry
Both the growth rates of total revenues and game revenue accelerated in 1Q2020. However, NTES lost market share to both Tencent and smaller game...
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Baidu (BIDU): Pandemic Merely an Excuse for Poor Q1
We believe Baidu’s performance would have been weak anyway even without the pandemic. Baidu’s search revenue decreased by 13% YoY, while a smaller...
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Baidu 1Q20 Better-Than-Feared but Longterm Outlook Remains Murky Due to ByteDance; UW 18% Downside
Baidu reported 1Q results and guidance that were better-than-feared as other revenues helped mitigate the impact of COVID-19 on Baidu's core...
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HSI Consultation on WVRs & Secondary Listings - BIG Flows
On 13 January, Hang Seng Indexes Limited (HSIL) released a consultation paper on proposed changes to the Hang Seng Index (HSI) and the Hang Seng...
319 Views