bearish•Kuaishou Technology•31 Mar 2023 07:00
[Kuaishou (1024 HK) Target Price Change]: Video Account Continues to Be the Threat
We raise forecasts for its ads and eCommerce growth due to on-track macro recovery. However, we are still concerned about the intensified...
bullish•Remegen Co Ltd•31 Mar 2023 07:00
[RemeGen (9995 HK) Target Price Change]: Provision for License Out Absence Is Adequate
With WACC of 17%, we have already provisioned for the license out absence. But we still cut TP by HK$6 to reflect the increasing spending going...
bearish•Huitongda•31 Mar 2023 07:00
[Huitongda (9878 HK, SELL, TP HK$18) Target Price Change]: Concerns Arise on OCF Outflow
We maintain the stock as SELL rating and raise TP by HK$4.5 to HK$18.0 to factor in the shrinking minority interests on market value basis.
bullish•Thematic (Sector/Industry)•31 Mar 2023 07:00
China TMT Update(Mar.31) - Baba/ 700HK/1024HK/BILI/BIDU/ATAT: Baba Management's Call
700HK/1024HK/BILI/BIDU：Wechat Open Class is held; ATAT：Accor formed alliance with Douyin to further explore independent growth in China ; key...
bearish•Innovent Biologics Inc•30 Mar 2023 09:03