Mobvista IPO Trading Update - Not a Buyer at Anywhere Close to These Level
Mobvista (1860 HK)'s IPO was priced just above the low-end at HKD4/share, the retail tranche was 1.8x covered while the institutional tranche was...
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China Newsfeeds Advertising: Catfish Agitates the Sector
●In our view, China’s newsfeeds online advertising sector will be generally driven up by Toutiao’s aggressive expansion in 2018. Altogether, we...
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Focus Media (SZSE:002027) Promising 2018, Raise TP to RMB 14.3
Promising 2018, raise TP to RMB 14.3● China’s non-internet ads spending shows strong recoveries in 2H17, which in our view is the response to...
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