Tencent Music (TME): The Profit Source Still Weak in 2Q20, Downgrade to Sell
Social entertainment accounted for 68% of total revenue, but its recovery was limited in 2Q20. Social entertainment is the only profit source in...
412 Views
China Internet Weekly (10Aug2020): Pompeo Mentioned Decoupling List, How About Apple in China?
U.S. Secretary of State, Pompeo, suggests Chinese cloud companies should be banned. If the users in China face the choice between WeChat and...
412 Views
"Delisting Deceitful Chinese Companies Act" Not a Slam Dunk and Has More Bark Than Bite if It Passes
Deceitful Chinese companies exploiting Americans. Cheaters, cheating at every turn. Flouting laws and swindling the elderly. Communists! Billions...
620 Views
China Internet Weekly (1Jun2020): Internet Information Revenue Up 13%
Internet information service revenues from January to April 2020 grew by 12.8% YoY. Alibaba Pictures (1060 HK)’s revenue declined by 5% in FY2020...
400 Views
Tencent Music (TME): In Q1, Revenues Slowed Down, But Won Users from Competitors, Upgrade to Hold
The revenue growth rate decreased to in 10% in 1Q2020 versus over 30% YoY in previous quarters. However, TME live broadcast’s active user base was...
390 Views