Tencent's Ability to Monetize in Games and Entertainment Drives Forecast (And Target Price ) Higher
We have updated our forecasts for Tencent (700 HK) which feeds through to our target price valuation which moves from $401 to $547. This is a...
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EM Equity Strategy: Indonesia Perking Up; Overweight BRIC, Tech, and Health Care
Highlighted themes and actionable charts:Â Reiterating BRIC overweight. This country grouping continues to outperform broad EM, and we believe BRIC...
588 Views
Alibaba Group Holdings Limited (NYSE: BABA) C4Q17: Time to Look for the Next Driver
â—Ź BABA reported top line, non-GAAP operating profit and GAAP net income (3.4)%, (18)% and (12%) below our estimates. Main reason for the fall seems...
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What Change Will JD Logistics (JDL) Bring to the E-Commerce and Logistics Markets?
Summary:We think JD Logistics' (JDL) valuation at US$10bn is reasonable. The reason is that integrated logistics have the advantage in China...
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Sector Capsule: Internet Retailing in China
Internet retailing continues to record robust current value growth of 30% in 2017, to reach CNY3.1 trillion, although this is a deceleration after...
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