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.

NDRC Studies Measures to Prevent Rising Coal Prices

Market Regulator Held Meeting With Major E-Commerce Platforms

Regulators Holds National Symposium To Strengthen Anti-Monopoly Rules

Thematic (Sector/Industry)

China Internet and direct marketing retail / Thematic (Sector/Industry)

<p>China plans to elevate the status of its antitrust bureau as it steps up its campaign against anti-competitive behaviour. The antitrust bureau is likely to become the National Antimonopoly Bureau and be elevated to deputy-ministerial status, while remaining within the SAMR, according to news reported.</p>
<p>Antitrust mechanism and systems will be improved with capacity of regulatory team expanded, in order to step up law enforcement, particularly in the key areas including platform economy, technological innovation, and data security. Both the anti-monopoly policy and the "common prosperity" policy are going to hit some firms such as <a href="https://www.smartkarma.com/entities/alibaba-group-holding-ltd" target="_blank" data-smartkarma-citation="entities:787:1" rel="noopener">Alibaba Group (BABA US)</a><a href="https://www.smartkarma.com/entities/pinduoduo-inc" target="_blank" data-smartkarma-citation="entities:27250:1" rel="noopener">Pinduoduo (PDD US)</a> , <a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK)</a> , <a href="https://www.smartkarma.com/entities/jd-com-inc-adr" target="_blank" data-smartkarma-citation="entities:446:1" rel="noopener">JD.com Inc (ADR) (JD US)</a> ,  <a href="https://www.smartkarma.com/entities/meituan-dianping" target="_blank" data-smartkarma-citation="entities:26970:1" rel="noopener">Meituan (3690 HK)</a> .</p>

China plans to elevate the status of its antitrust bureau as it steps up its campaign against anti-competitive behaviour. The antitrust bureau is likely to become the National Antimonopoly Bureau and be elevated to deputy-ministerial status, while remaining within the SAMR, according to news reported.
Antitrust mechanism and systems will be improved with capacity of regulatory team expanded, in order to step up law enforcement, particularly in the key areas including platform economy, technological innovation, and data security. Both the anti-monopoly policy and the "common prosperity" policy are going to hit some firms such as Alibaba Group (BABA US)Pinduoduo (PDD US) , Tencent Holdings (700 HK) , JD.com Inc (ADR) (JD US) ,  Meituan (3690 HK) .

China Plans to Strengthen Power of SAMR