China Consumption Weekly (22 Apr 2024): Xiaomi, Transsion, Tims China, Xpeng, Tesla
In 1Q24, Xiaomi and Transsion shipments grew rapidly. Tims China’s revenue expanded with new openings. In China, Tesla fired salespeople.
382 Views
BYD (1211 HK) 1Q24 Preview: No Concern for Slow Quarter, To Achieve a Strong Year, 60% Upside
We believe the revenue growth will be slow in 1Q24, but it will be still rapid for 2024. Also, the operating will hit the historical high in 1Q24,...
277 Views
China Consumption Weekly (15Apr2024): NetEase, Activision Blizzard, Li Auto, Alibaba, Feihe, Uniqlo
NetEase will be Activision Blizzard’s agency again. Alibaba’s cloud service plans to reduce its overseas prices. Infant formula companies suffered...
275 Views
Nongfu Spring (9633 HK): Criticism Not a Concern, Strong Performance, But Flat Price, Buy
The criticism against Nongfu Spring eventually helps the company. Catching the fashion of sugar free, tea revenue surged by 83% in 2023. But its...
253 Views
China Consumption Weekly (8 Apr 2024): BYD, Li Auto, Trip.com, Alibaba
In March 2024, BYD’s Sales volume increased by 46% YoY and Li Auto increased by 39% YoY. AliPay announced foreigners’ consumption amount in China...
296 Views