Tencent's 1Q Results Surprised on the Upside; Increasing FVE to HKD 265/USD 34
Tencent delivered strong top-line growth in the first quarter, up 55% year on year, which beat both our estimates and market consensus. The upside...
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NetEase Delivers Strong Growth but Questions Remain About Deferred Income Progression
Netease's (NTES US) 1Q17 results were in line with our expectations (but ahead of consensus) on profitability. We continue to see strong growth in...
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Let the Battle Begin - Netmarble Games Vs. NCSoft!
The much awaited Netmarble Games Corporation (251270 KS) IPO started trading today. It traded as high as 171,500 Won and closed at 162,000 Won,...
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Sino-ASEAN Strategy: Is There No Stopping This Bull Run? - Part II
Our Global Reflation Pulse Check indicates the global reflation theme remains intact. Earnings and economic growth in the US and Europe have...
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Tencent's WeChat Is China's Dominant Mobile Gateway
Tencent (700 HK) has been our top thematic pick on the strength of its wireless platform. Recent reports from the company highlight the consistent...
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