China Business Observations: Why Uber "Failed" And Humans Are a Commodity (Episode 1)
My theory is that Uber failed in China not because its technology is not advanced. Rather, it failed because it entered a saturated market. As an...
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Quiddity Leaderboard HSCEI Jun26: Final Expectations for ADDs/DELs; US$194mn One-Way
The expected ADDs/DELs have roughly 0.4x-1.1x ADV to trade. Their individual flow sizes are in the range of US$30mn-US$73mn.
367 Views
HSCEI Index Earning Revision (Mar): Tech De-Ratings
We analyzed HSCEI's consensus for Mar 2026 and highlighted changes of EPS in XIAOMI, LI AUTO, PING AN INSURANCE, CHINA MOBILE, CNOOC, MEITUAN, XPENG.
170 Views
HSCEI Index Rebalance: March 2026 Post-Event Review
March 2026 HSCEI rebalance wrap-up: 2 ADDs, 2 DELETEs. Framework scored 2/4 match, 2/4 partial. ADDs underperformed DELETEs in WI0-4.
355 Views
Best of Smartkarma: The Guest Editor's Slice & Dice #23
Welcome to the 23rd Edition of the Smartkarma [Guest] Editor's Cut, a weekly summary of the key themes and ideas of the last week's research on...
628 Views