In today’s briefing:
- China Consumption Weekly: East Buy, NIO, Tencent, PDD, Alibaba, JD.com
- Morning Views Asia: Meituan
China Consumption Weekly: East Buy, NIO, Tencent, PDD, Alibaba, JD.com
- East Buy’s stock price plunged after a conflict broke out between the top broadcaster and the management team.
- NIO will launch another brand for low price products, following BYD’s low price and Li Auto’s price reduction.
- Tencent will move its unimportant assets to China Literature again.
Morning Views Asia: Meituan
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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