58.com 2Q17 Earnings: Stock Soars ~20% as Results Smash Expectations; Guidance Better Than Expected
What You Need to Know Results Beat Expectations. Revenue grew 33.3% YoY to RMB 2.6b, while adjusted diluted EPS grew ~5x to RMB4.5 Property...
180 Views
Tencent Continues to Surge past Expectations. Its Earnings Flexibility Makes It a Core Holding.
We updated our price target and forecasts for Tencent (700 HK) recently ahead of the 2Q result. Our price target moved from HK$260 to HK$371. The...
284 Views
Chinese Housing Market Weekly Update
Chinese Housing Market Update Week 28[1]: July 10th – July 16th 2017China Q2 GDP China's GDP grew at 6.9% in Q2 17 year-over-year, and was flat...
170 Views
Short WUBA to Profit from China's Housing Market Corrections
WUBA is one of our top short recommendations at the moment. Year-to-date the stock rallied 57% / year from $28 to $44. There are a few drivers...
323 Views
Tightening Policies Curb Speculative Home Buyers in H2 2017
Last week, we had the opportunity to speak with policy advisors regarding the central government’s thoughts and policy planning regarding the...
321 Views