Closing Air China / Ctrip.com Long-Short Pair Trade Idea After Air China's Strong Recent Performance
In May 2016 we published our very first note on Smartkarma (SMARTKARMA SP), in which we suggested a pair trade: Long Air China Ltd (H) (753 HK)...
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Ctrip Update and Prelude to In-Depth Bottoms up Analysis / Evaluation of Business Model
This insight covers my meeting notes and takeaways per my recent meeting with Ctrip, providing added context and serving as a prelude to my next...
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Chinese Tourism Q1 DataWeak Outbound (+4%) But Strong Domestic Tourism (+28%)
In March, our commercial flights tracking data suggests only 2% year-over-year increase in outbound flight passengers vs. 31% in domestic flight...
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Ctrip.com Q1 Results Beat Expectations...And Offer Even More Reasons to Question Earnings Quality
On Wednesday evening in New York Ctrip.com International (ADR) (CTRP US) reported Q1 financial results that exceeded consensus expectations for...
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Q1 Results from China's 'Big 3' Airlines: Air China Wins the Quarter on Yields, Cost Control
Late last week all three of China's state-owned airlines reported summary Q1 earnings results, and all three reported lower profits, likely due to...
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