Aequitas: Alibaba Placement - US$10bn Raising, Relatively Ok Size, Index Flows
Alibaba (9988 HK) is looking to raise around US$10bn to fund its AI spending. In this note, we talk about the deal dynamics.
270 Views
[Blue Lotus Entertainment Sector Update]: What Change Can Mate 60 Bring to Games and Apps
We see the biggest positive impact on subscription-based video apps and the biggest negative impact on mobile games. We reiterate our Top Pick in...
1.7k Views
China TMT Update(Apr.25) - 3690.HK/2150.HK/700.HK/TME: Meituan Riders in Shanwei Go on Strike
3690.HK: Meituan food delivery drivers in Shanwei go on strike (-); 2150HK: Lelecha confirm to launch franchise model (+); 700HK/TME: WeChat tests...
439 Views
Tencent Music (1698 HK) 2Q26: Growth Intact, Balance Sheet Reshaped by Ximalaya. Still Deep Value
Tencent Music reports strong 2Q26 performance, with music services and membership accelerating. Ximalaya acquisition boosts revenue but reshapes...
105 Views
Aequitas: Wuxi Lead A/H Lockup Expiry - US$190m Release, All Financial Investors
Wuxi Lead Intelligent Equipment (470 HK), raised around US$725m in its H-share listing. Its cornerstone investors will soon be released from their...
141 Views