Tencent (700 HK): Privatization Offer to Sogou, For Search Engine Competition
Tencent proposed to acquire and privatize Sogou (SOGU). Tencent needs Sogou to compete with Alibaba (BABA) and ByteDance. Sohu will have a higher...
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Sogou’s Privatisation Bid from Tencent
On 27 July, Sogou Inc (SOGO US) announced a non-binding privatisation proposal from Tencent Holdings (700 HK). The bid of $9.00 per ADS values...
469 Views
Koei Tecmo – Two New Sangokushi Games on Deck
KT delivered strong results yesterday with OP of ¥4.4bn exceeding consensus’ ¥3.6bn estimate by 22%. When we last wrote on KT back in April we...
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US/Mainland China - De-Escalation Appears Evident
*China Retaliation: A day after US government ordered mainland China's Houston consulate to close and personnel to depart within 72 hours, mainland...
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Ant Group: Early Thoughts on the IPO – Alipay Is NOT the Cash Cow Here
Our early thoughts on Ant Financial (1051260D CH)’s IPO are broadly positive and we believe the risk-reward is attractive at the rumoured $200bn...
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