In today’s briefing:
- Alibaba: Growth Avenues Are Closing Fast
- Lifestyle Int’l (1212 HK): Thomas Yau Offer?
- Chinese Property Weekly – 5 August 2022 – Lucror Analytics
- Chinese Property Weekly – 5 August 2022 – Lucror Analytics
- Weekly Wrap – 05 Aug 2022
- Weekly Wrap – 05 Aug 2022
Alibaba: Growth Avenues Are Closing Fast
- Alibaba Group (9988 HK)’s 1QFY23 results were above consensus but it was still quite disappointing with revenue and OP declining 0.1% and 19.1% YoY respectively.
- Withholding the disclosure of active buyers, which Alibaba was proudly speaking of in the previous quarter, is a tell-tale sign that the business is undergoing some serious trouble.
- With expectations of 9.4% YoY OP growth in the next 3-quarters and 42% YoY OP growth in FY24, we think consensus is optimistic from 2QFY23 and bound for a correction.
Lifestyle Int’l (1212 HK): Thomas Yau Offer?
- Lifestyle International Holdings (1212 HK) was suspended this morning pursuant to Hong Kong’s Takeovers Code.
- Thomas Lau is the largest shareholder with 74.97%, as he has been since April 2019.
- A possible Offer ahead of a (potentially) improving retail outlook and the imminent opening of its Kai Tak project?
Chinese Property Weekly – 5 August 2022 – Lucror Analytics
The Chinese Property Weekly focuses on providing updates in the Chinese real-estate sector, including recent regulatory and company developments, top and bottom performers, rating actions, as well as a list of bond maturities in the next 30 days.
Chinese Property Weekly – 5 August 2022 – Lucror Analytics
The Chinese Property Weekly focuses on providing updates in the Chinese real-estate sector, including recent regulatory and company developments, top and bottom performers, rating actions, as well as a list of bond maturities in the next 30 days.
Weekly Wrap – 05 Aug 2022
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
and more…
Weekly Wrap – 05 Aug 2022
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
and more…
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