Byte Dance Lawsuits Show: Tencent (700 HK) Is Small Companies’ Inevitable Platform and Competitor
Summary Tencent and Byte Dance launched lawsuits against each other. In fact Byte Dance is fighting every internet giant. We believe that new...
343 Views
Weibo (WB): Short Seller May Follow Moving Averages - A Technical View on 14% Plunge
We believe a short seller is manipulating WB based on technical analysis, which caused a 14% plunge after Q1 results. We also believe the short...
276 Views
Weibo Corporation (WB): Facing Increasingly Competitive Landscape, Downgrade to HOLD
Although we expect Weibo’s 1Q rev./net income will beat consensus by 2.6%/8.1%, we estimate 18/19 EPS will be below consensus by 6.3%/3.9%. We see...
270 Views
Disruption by Decentralization?
Blockchain is full of promise. Investment in the space totals billions of dollars. Large corporations, venture capital funds, and initial coin...
631 Views
Douyin (抖音): The New Challenger for YY and Momo
Douyin, a musical short video app, reached about 60 mn DAU in China, 10 mn overseas by Feb. 2018, according to our estimation We assess Douyin is...
572 Views