Blue Lotus China New Economy Research, Blue Lotus Research Institute

Eric Wen

Blue Lotus China New Economy Research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>XPEV/1211 BYD: Tesla announced price reduction for Model 3 and Model Y(-)</li>
<li>TCOM/780 HK: 4Q23 inbound and outbound travel recover to 82% of 2019 level, mainly from Hong Kong and Macao(-)</li>
<li>ATAT/HTHT: National Migration Administration introduced five facilitation measures to attract foreigners to China (+)</li>
</ul>


XPEV/1211 BYD: Tesla announced price reduction for Model 3 and Model Y(-)
TCOM/780 HK: 4Q23 inbound and outbound travel recover to 82% of 2019 level, mainly from Hong Kong and Macao(-)
ATAT/HTHT: National Migration Administration introduced five facilitation measures to attract foreigners to China (+)


[Blue Lotus Daily]: NIO/LI/XPEV/TSLA/1211 HK/TCOM/780 HK/ATAT/HTHT

<ul>
<li>LKNCY : Luckin Coffee offer special locations for franchisees (+)</li>
<li>XPEV: XPeng's urban NOA function remains in the lead (+)</li>
<li>1211 HK/XPEV/LI/NIO:  Huawei rumored to cease cooperation with major automotive portals such as Dongchedi (+)</li>
</ul>


LKNCY : Luckin Coffee offer special locations for franchisees (+)
XPEV: XPeng's urban NOA function remains in the lead (+)
1211 HK/XPEV/LI/NIO:  Huawei rumored to cease cooperation with major automotive portals such as Dongchedi (+)


[Blue Lotus Daily]:LKNCY/1211 HK/XPEV/LI/NIO

<ul>
<li>1810 HK/XPEV/NIO/1211HK: ZEEKR 007 hits the market, starting at 209,900 yuan (-)</li>
<li>LKNCY: Luckin plans to set up the third roasting factory, with annual capacity of 55k tons.(+)</li>
<li>1347.HK/688469.SH/603290.SH/605111.SH: Analog Devices raising semiconductor prices by 10-20% for China customers (+)</li>
</ul>


1810 HK/XPEV/NIO/1211HK: ZEEKR 007 hits the market, starting at 209,900 yuan (-)
LKNCY: Luckin plans to set up the third roasting factory, with annual capacity of 55k tons.(+)
1347.HK/688469.SH/603290.SH/605111.SH: Analog Devices raising semiconductor prices by 10-20% for China customers (+)


[Blue Lotus Daily]: 1810 HK/XPEV/NIO/1211HK/LKNCY/1347.HK/688469.SH/603290.SH/605111.SH

<ul>
<li>ATAT/600754 CH: Hotel industry update - Jinjiang disclose Oct-Nov RevPAR recovered to 105% of 2019, slightly better than industry average.(+)</li>
<li>1211HK/LI/XPEV/NIO: Huawei Harmony Intelligent Mobility Alliance to establish independent stores(-)</li>
<li>ZLAB/ ARGX:  Efgartigimod failed two late stage indication trials (-)</li>
</ul>


ATAT/600754 CH: Hotel industry update - Jinjiang disclose Oct-Nov RevPAR recovered to 105% of 2019, slightly better than industry average.(+)
1211HK/LI/XPEV/NIO: Huawei Harmony Intelligent Mobility Alliance to establish independent stores(-)
ZLAB/ ARGX:  Efgartigimod failed two late stage indication trials (-)


[Blue Lotus Daily]: ATAT/600754 CH/1211 HK/LI/XPEV/NIO/ZLAB/ARGX/9995 HK/3692 HK

Overseas Chinese Equities, Aequitas Research

Ming Lu

Overseas Chinese Equities

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Bottom-Up

<ul>
<li>Tencent and NetEase's stock prices plunged after the release of the new law about online game.</li>
<li>China Passenger Car Association expects NEV will grow by 37% for 2023.</li>
<li>NIO got US2.2 billion investment from CYVN Holdings based in Abu Dahbi.</li>
</ul>


Tencent and NetEase's stock prices plunged after the release of the new law about online game.
China Passenger Car Association expects NEV will grow by 37% for 2023.
NIO got US2.2 billion investment from CYVN Holdings based in Abu Dahbi.


China Consumption Weekly (25 Dec 2023): Tencent, NetEase, NIO, Xpeng, Alibaba, Meituan, Douyin

China

XPeng Inc. designs, produces, and distributes electric vehicles. The Company designs, develops, manufactures and markets smart smart electric vehicles, as well as finance, parts, and maintenance services. XPeng serves customers in China.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

XPeng (XPEV US)

[Blue Lotus Daily]: NIO/LI/XPEV/TSLA/1211 HK/TCOM/780 HK/ATAT/HTHT

Tesla reduces prices for Model 3 and Model Y; Travel recovers to 82% of 2019 levels in Hong Kong and Macao; China introduces measures to attract...

Blue Lotus Research Institute

[Blue Lotus Daily]:LKNCY/1211 HK/XPEV/LI/NIO

Luckin Coffee offers special locations for franchisees; XPeng's urban NOA function is leading; Huawei rumored to cease cooperation with major...

Blue Lotus Research Institute

[Blue Lotus Daily]: 1810 HK/XPEV/NIO/1211HK/LKNCY/1347.HK/688469.SH/603290.SH/605111.SH

New electric vehicle ZEEKR 007 launches in China at 209,900 yuan. Luckin Coffee to establish a new roasting factory. Analog Devices increases...

Blue Lotus Research Institute

[Blue Lotus Daily]: ATAT/600754 CH/1211 HK/LI/XPEV/NIO/ZLAB/ARGX/9995 HK/3692 HK

Jinjiang's Oct-Nov RevPAR recovered to 105% of 2019, outperforming industry average. Huawei Harmony Alliance to establish independent stores....

Blue Lotus Research Institute

China Consumption Weekly (25 Dec 2023): Tencent, NetEase, NIO, Xpeng, Alibaba, Meituan, Douyin

China Passenger Car Association expects NEV will grow by 37% for 2023. NIO got US2.2 billion investment. Alibaba reduced shareholdings on Xpeng ...

Ming Lu

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

[Blue Lotus Daily]: NIO/LI/XPEV/TSLA/1211 HK/TCOM/780 HK/ATAT/HTHT

​Tesla reduces prices for Model 3 and Model Y; Travel recovers to 82% of 2019 levels in Hong Kong and Macao; China introduces measures to attract...

Blue Lotus Research Institute

[Blue Lotus Daily]:LKNCY/1211 HK/XPEV/LI/NIO

​Luckin Coffee offers special locations for franchisees; XPeng's urban NOA function is leading; Huawei rumored to cease cooperation with major...

Blue Lotus Research Institute

[Blue Lotus Daily]: 1810 HK/XPEV/NIO/1211HK/LKNCY/1347.HK/688469.SH/603290.SH/605111.SH

​New electric vehicle ZEEKR 007 launches in China at 209,900 yuan. Luckin Coffee to establish a new roasting factory. Analog Devices increases...

Blue Lotus Research Institute

[Blue Lotus Daily]: ATAT/600754 CH/1211 HK/LI/XPEV/NIO/ZLAB/ARGX/9995 HK/3692 HK

Jinjiang's Oct-Nov RevPAR recovered to 105% of 2019, outperforming industry average. Huawei Harmony Alliance to establish independent stores....

Blue Lotus Research Institute

China Consumption Weekly (25 Dec 2023): Tencent, NetEase, NIO, Xpeng, Alibaba, Meituan, Douyin

China Passenger Car Association expects NEV will grow by 37% for 2023. NIO got US2.2 billion investment. Alibaba reduced shareholdings on Xpeng ...

Ming Lu

Tesla reduces prices for Model 3 and Model Y; Travel recovers to 82% of 2019 levels in Hong Kong and Macao; China introduces measures to attract...

Luckin Coffee offers special locations for franchisees; XPeng's urban NOA function is leading; Huawei rumored to cease cooperation with major...

New electric vehicle ZEEKR 007 launches in China at 209,900 yuan. Luckin Coffee to establish a new roasting factory. Analog Devices increases...