China Technology - 4Q22 Global Smartphone Shipment Down 18% YoY
IDC released 4Q22 global smartphone shipment with 18% YoY decline (vs -9.3% in 3Q22), mainly due to weak consumer demand, rising inflation and...
356 Views
CX Daily: The Questions Hanging Over Ant Group
In Depth: The questions hanging over Ant Group. China-U.S. ties are more robust than people think, Bloomberg chief says. Harvard-trained former...
439 Views
CX Daily: Strict Rules at Home Push Chinese Metaverse Entrepreneurs, Investors Overseas
Strict rules at home push Chinese metaverse entrepreneurs, investors overseas. World Bank cuts China growth forecasts on property slump, reopening...
628 Views
Xiaomi (1810 HK) – Corp Day Takeaways: smartphone destocking to continue into 4Q22E
Overall, we expect Xiaomi’s global share gain in smartphone to resume in 2023E despite soft market outlook. Trading at 16.7x FY23E P/E, the stock...
300 Views
Xiaomi (1810 HK) – Weak 3Q22 as Anticipated; Expect Sequential Recovery Ahead
Xiaomi’s 3Q22 weakness is well expected given global macro weakness and smartphone demand decline. 3Q revenue/ adj. net profit decline of 10%/59%...
329 Views