Li & Fung (494 HK): Survival in Doubt
Li & Fung has been decimated by the internet. Since 2015, revenue has fallen 38%, their core EBIT margin has halved and the stock is down 90%....
439 Views
NetEase (NTES): Sold Import E-Commerce to Alibaba (BABA), Win-Win Deal
NetEase (NTES) sold its e-commerce platform Kaola to Alibaba Group Holding (BABA US). After the deal, Alibaba (BABA) will have more than half of...
323 Views
Baozun (NEGATIVE) Competition from Belle’s TopSports; Q2 Margin Miss; CFO’s Broken Record
Q2 earnings combined with our ongoing checks into merchandisers lead us to believe that Baozun Inc. (BZUN US) is using its balance sheet to finance...
470 Views
Yunji (云集) Trading Update - Tiny Adjusted Free Float + Expensive Valuation
Yunji Inc. (YJ US) raised US$120m at US$11 per share, the bottom of its IPO price range. The company was initially expecting to raise up to US$176m...
420 Views
Mulsanne Group (GXG) IPO Preview: The Wrong Trousers
Mulsanne Group Holding Ltd (1817 HK) is a leading fashion menswear company based in China. Mulsanne’s brand portfolio comprises of two main...
516 Views