Bitauto’s Privatisation Spread Risk/Reward
On 13 September 2019, Bitauto Holdings Ltd Adr (BITA US) announced a non-binding privatisation proposal from Tencent Holdings (700 HK) and Hammer...
502 Views
58.com to Buy Uxin’s B2B Used Car Auction Business
China’s largest marketplace for classifieds, 58.com announced on Tuesday (24th March) that it has entered into a definitive agreement to buy the...
570 Views
Meidong: A Deep Dive : Looking into 2019 and Beyond
China Meidong Auto (1268 HK) multiple is stretched. It probably has two premiums built into it: 1) an acquisition premium 2) and an execution...
645 Views
China Internet Weekly (20Feb2020): More Physical Stores Moving Online, Logistics Recovering
On one hand, there is too much information on media. Some news looks related to a listed company, but does not move the needle. On the other hand,...
500 Views
China Internet Weekly (17Feb2020): Companies May Hide Profits, BABA Fee Exemption Not a Big Deal
We believe many Chinese companies will hide profits for future under the excuse of epidemic. Alibaba Group (BABA US)’s exemption of service fee...
552 Views