Baidu: Time to Swoop In, with NAV Discount Widening Substantially
Our stub valuation analysis reveals that Baidu Inc (ADR) (BIDU US)Â attractively trades at near 2 SD below its 3-yr average of NAV...
1.2k Views
Pinduoduo (PDD US): Follow-On Offering Is a Smart Move for the Company, Rather than for Investors
With the shares hitting all-time highs, Pinduoduo (PDD US) announced a follow-on public offering to raise net proceeds (potentially of $1.1...
962 Views
Koolearn: Marketing Expenses Have Taken Operating Profits Down the Drain
Koolearn updated its IPS prospectus and posted operating losses for 1H2019 (ended Nov. 2018). The company spent significantly on online promotion,...
512 Views
Alibaba (BABA): For Dec. Quarter, Focus on Profit Improvement, But Not Revenue Growth, 40% Upside
For the December quarter results, the market is focusing on the slowdown of the revenue growth, but we notice that the growth rate of operating...
621 Views
Teasing Updates on CaiNiao Network & Ele.me Out of Alibaba's Q3 Results
A set of generally solid Q3FY19 earnings results from Chinese e-commerce giant Alibaba Group Holding (BABA US) also yielded some interesting...
747 Views