Equity Research in HK and Mainland China

Li Tang

Highly experienced sell-side analyst with more than ten years of experience in the field of China’s in-depth policy-driven macro research in China (Beijing) .
Covering in equity research in HK and Mainland market mainly real estate, construction,steel sector.
The Ideas generation based on an analysis of China’s future direction and policy decisions fundamental analysis on sector impact, market drivers, timing and scale, combined with quantitative analysis.

SAMR Drafts Overarching Guideline to Regulate Internet Platforms

China Addresses Issues with Community Group Purchase Platforms

China Publish Administration Regulation on Security Loopholes in Online Products

Thematic (Sector/Industry)

China Internet software and services / Thematic (Sector/Industry)

<ul>
<li>The Cyberspace Administration of China (CAC) drafted a security evaluation guideline on data outbound transfer and released it for public comment.</li>
<li>The upshot of the draft rules seems to be that regulators will tend to be closely involved in approving any internet company that wishes to transfer data overseas.</li>
<li> We think the guideline, once effective, would move data security evaluation to the implementation stage soon</li>
<li>We think <a href="https://www.smartkarma.com/entities/didi-chuxing-inc" target="_blank" data-smartkarma-citation="entities:27467:1" rel="noopener">DiDi Global (DIDI US)</a> could be a major potential target for the trial run. </li>
</ul>


The Cyberspace Administration of China (CAC) drafted a security evaluation guideline on data outbound transfer and released it for public comment.
The upshot of the draft rules seems to be that regulators will tend to be closely involved in approving any internet company that wishes to transfer data overseas.
 We think the guideline, once effective, would move data security evaluation to the implementation stage soon
We think DiDi Global (DIDI US) could be a major potential target for the trial run. 


China Issued Draft Rules on Outbound Data Transfers