InnoScience (2577 HK) - Global Integrated GaN Leader with Significant Growth Potential
InnoScience is a leader in the global GaN power semiconductor industry, ranking first with market share of 33.7% in 2023, per Frost & Sullivan (F&S).
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Tongcheng Travel (780 HK) - Expecting Inline 1Q Results
For 1Q25E, we expect Tongcheng Travel (TC) would record revenue of RMB4.35bn, up 12% YoY, and ink non-GAAP net profit of RMB737mn, up 32% YoY, both...
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Technology - Implications of Nvidia H20 export restriction for AI server/component supply chain
In terms of impact, we estimate Nvidia’s inventory writedown of US$5.5bn implies US$14bn sales (GPM 60%), 1.1mn H20 chips (ASP US$12.5k) and 138k...
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PICC P&C (2328 HK) - 1Q25 CoR Outperformed
PICC P&C reported a strong 1Q25 earnings alert, with net profit expected to surge 80%-100% YoY to RMB10.6bn-11.7bn, implying a QoQ upswing of 95.3%...
226 Views
Baidu (BIDU US) - Expecting Steady Cloud Revenue Growth
We finetune our SOTP-based target price to US$146.7 (was US$149.2) mainly to account for the change in investment valuation, translating into 13.9x...
237 Views