Tencent Meituan Dividend - The US$20bn Overhang - Impact, Placement, Index, Other Investees
On 16th Nov 22, Tencent declared an interim dividend by way of distribution in specie of Class B Ordinary shares of Meituan. In this note, we look...
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Tencent (700 HK) To Divest Meituan (3690 HK) - Impact and Index Implications
Tencent is said to be looking at a $20bn block sale of its stake in Meituan (3690 HK) by year end. That's a big block. Maybe a repeat of JD.com?...
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Softbank Group - China Bounce Erases a Week of Losses
China bounce has added $4.8bn to Vision Fund and $18bn to Alibaba and that is enough to get us back to early March levels. We have updated the main...
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Asia Ex-Japan Real Estate: Hitting the Lows. China to India Rotation
Real Estate exposure is close to its lowest levels on record among active Asia Ex-Japan investors. As China Real Estate suffers an exodus, India...
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How to Stimulate China's Consumption? Part I
The myth of China underconsumption depends on how you count it. China under-consumes in certain consumption categories associated with an older and...
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