Tencent (700 HK) ā Real Operating Margin Actually Fell
Tencent announced that the operating margin improved 1 percentage point in 2018 versus 2017, but we believe the operating margin declined for two...
379 Views
China Newsfeeds Advertising: Catfish Agitates the Sector
āIn our view, Chinaās newsfeeds online advertising sector will be generally driven up by Toutiaoās aggressive expansion in 2018. Altogether, we...
190 Views
Sogou ęē 2017 Q4: Bigger, yet Smaller
For Chinese search engine Sogou ęē ('search dog'), I think this last quarter was about it's balance sheet, which is now bigger, as a result of a...
317 Views
Sogou ęē: Not So Goud (*groan*)
Sogou's IPO priced at the high end ($13) exactly as contemplated,Ā making this ripe for a short trade with excellent risk/reward.This note is a...
499 Views
Rong360 č360 (Jianpu Technology) IPO: A Qunar Rebuilt for Personal Finance?
Jianpu Technology, a leading personal finance product portal in China, is raising up to USD236m to list on the NYSE. Given that there is previous...
416 Views