Bitauto’s Cheeky Privatisation Offer from Tencent
On Friday, Bitauto Holdings Ltd Adr (BITA US) announced a surprising privatisation bid from Tencent Holdings (700 HK) and Hammer Capital. The bid...
759 Views
Autohome (ATHM): Positive - Competitors Became Clients, Negative - Inflated Leads Revenues, Hold
Two used car online platforms, Guazi and Uxin (UXIN), began to sell cars on ATHM’s used car platform. ATHM’s monopolistic position forces...
682 Views
Ping An Insurance (2318 HK): A Better Business Today, But Are Investors Being Paid For The Risks
There is a lot to like about Ping An Insurance (H) (2318 HK) in terms of its businesses, which have strong competitive advantage given their scale...
762 Views
Autohome (ATHM): Surged After We Upgraded to Hold, Now Overvalued
The 1Q19 results show that we were right to upgrade ATHM to HOLD in our last note. However, the stock surged after our upgrading; therefore, we...
652 Views
So-Young (新氧) IPO Review - Decent Upside from the Low-End
So-Young (SY US) is raising up to US$179m in its upcoming IPO. We have covered most aspects of the IPO in So-Young (新氧) Pre-IPO Review - Au...
923 Views