Facebook: Blockchain Matters!
While Facebook’s new initiative seems to be in the right direction, it may not necessarily be foolproof or a cure-all. But it will put some level...
657 Views
VIPS Is Destined to Merge with the JD
VIPS reported C1Q18 net revenue, gross margin, non-GAAP operating profit and non-GAAP net income (2.6) %, (1.5) ppt, 25% and 1.7% vs. our...
328 Views
Reaffirming Tencent’s FVE at HKD 641 Per Share; Substantial Long-Term Monetization Intact
Wide-moat Tencent Holdings Ltd (700 HK) reported first-quarter results that beat our expectations and consensus. We think revenue in the quarter is...
234 Views
Demonstration ESports Chosen for Jakarta 2018 - Readthrough for Beijing 2022, Paris 2024
The Asian Esports Federation (AeSF) has announced that the following eSports have been selected as demonstration games at this year’s Asian...
255 Views
Tencent (700 HK) – Investment Gains Not Sustainable, Reached Our Target, Upgrade to HOLD
The stock price has touched and is close to our last target. Upgrade to HOLD. All “BAT” have spent significantly on investee companies, but...
360 Views