Youdao IPO Initiation: Chasing Growth at All Costs
Youdao (DAO US) is the online learning unit of Netease Inc (Adr) (NTES US), a 66% shareholder. Youdao aims to raise up to $300 million through an...
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Youdao, Inc (有道) Pre-IPO - Weak Conversion Rate Is a Worry
Youdao (DAO US), a subsidiary of Netease Inc (Adr) (NTES US), is looking to raise US$300m in its upcoming U.S. IPO. At its core, Dao is an online...
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HK Connect Ideas: Sunny Optical, Shenzhou Intl, AIA, Weak Flows Ahead of Golden Week (2019-09-27)
In our weekly HK Connect Snippet series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as...
879 Views
TAL Education: Micro-Quantamentals Reveal Growth Potential and Risks
We broadly agree with Ming LU's thesis though we do not claim to have deep expertise on Tal Education (TAL US)'s industry.Our micro-quantamental...
602 Views
Could Tencent Bid for NIO to Revive Growth? A Deep-Dive into Potential M&A Targets.
After Tencent's bid for Bitauto (BITA US) /Yixin Group (2858 HK), we believe Tencent may be in the market to buy back stakes in underperforming...
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