Primer: YTO International Express and Supply Chain (6123 HK) - Aug 2026
YTO International is facing significant financial headwinds, evidenced by a consistent decline in revenue, widening net losses, and...
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BABA's Babies: They're All Grown Up Now! Sun Art Retail: A Restructuring Opportunity
BABA accepted an offer to sell its 78% stake in Sun Art to DCP Capital, a PE firm. The price is a significant discount of 44% to its last traded...
1.2k Views
CaiNiao Q1FY Results: Most Interesting Read-Through Is Dramatic Slowdown in X-Border Activity
Given slower June quarter revenue growth at Alibaba's logistics arm CaiNiao and at the segment containing AliExpress, it's hard not to conclude...
557 Views
J&T Global Express IPO Lock-Up Expiry - Tiny Float with 87%+ Stake Lockup Release Worth >US$8.8bn
J&T Global Express' IPO linked lockup expired over the weeked. The stock has been correcting over the past few weeks, especially with the CCASS...
1.2k Views
Introducing Monthly Tracking of Chinese X-Border Express Parcel Data | YTD Volume up +55%, ASPs -25%
Chinese X-border express parcel volume growth has accelerated dramatically in 2023, and unit pricing has fallen sharply. In this note we dissect...
538 Views