Our Tech Portfolio Update: Holding Up Better Than Relevant Indices So Far
Since we published our initial China tech portfolio piece, markets have collapsed as the COVID-19 outbreak evolved into a global pandemic.It...
313 Views
TRACKING TRAFFIC/Chinese Tourism: Post-COVID-19, a 'Snap-Back' to What Level of Travel Demand?
January travel numbers from China generally look weak, which shouldn't surprise anyone. Although the timing of the long Lunar New Year (LNY)...
289 Views
Tongcheng-Elong Jumps 7.5% as COVID-19 Fears Subside; Maintain HK$21.8 TP (~80% Upside)
Tongcheng-Elong (780:HK) jumped 7.5% yesterday as market fears regarding COVID-19 begin to subside. While we believe there could still be a far...
394 Views
TRACKING TRAFFIC/Chinese Tourism: December Travel Demand Weak (Pre-Corona Virus)
Data from December 2019 suggest that Chinese outbound and domestic tourism activity was weak even before a corona virus outbreak led to dramatic...
352 Views
How Trip.com (TCOM US) Is Actually Getting Stronger During the Coronavirus Crisis
Trip.com is one of the coronavirus's biggest market casualties having lost ~12% of its market value in just slightly over two weeks. While shares...
534 Views