Tencent/Netease: Zero for Big Names Despite Optimism in October
​China approves October batch of games at a higher level than 2023, with accelerated pace resembling pre-tightening, but none of the monitored...
702 Views
JST Group Pre-IPO: Premium to Peers but Potentially a Domestic “Shopify”
JST Group (JST) is looking to raise up to US$270m in its upcoming Hong Kong IPO. In this note, we examine the IPO dynamics, and look at the firm’s...
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BUY/SELL/HOLD: Hong Kong Market Update (October 5)
Materials, Healthcare and Tech sectors continue to lead the Hong Kong Secular Bull Market higher. The tech sector has been re-rating since Alibaba...
608 Views
HS TECH Index Earning Revision (Sep): Kuaishou, HORIZON ROBOTICS, JD.COM, BIDU, MEITUAN, BYD
We analyzed HS TECH's consensus for Sep 2025 and highlighted changes of EPS in Kuaishou, HORIZON ROBOTICS, JD.COM, BIDU, MEITUAN, BYD,...
1.1k Views
Tencent/Netease: Both Received One Approval in September
​China approves September batch of games at a higher rate than in 2023, with Tencent and Netease each receiving approval for one game.
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