Tencent's Dominant Mobile Gateway and Strength in Gaming Makes It a Top Thematic Pick
We have raised our online game forecasts for Tencent (700 HK)Â and this leads to a modest increase in our target price from HK$371 to HK$375.We are...
488 Views
58.com: Market Share Gains and Pricing Power Put 58.com in a Strong Position.
58.Com Adr (WUBA US) recently reported 2Q17 results that were ahead of consensus. Revenue guidance for 3Q was also strong and ahead of our...
428 Views
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...
219 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...
331 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...
368 Views