In today’s briefing:
- China Population Policies Impact on Healthcare Companies Series – Part 3
- [Blue Lotus Daily]:LKNCY/1211 HK/XPEV/LI/NIO
- [Blue Lotus Daily – TMT Update]: NTES/3690 HK/Bytedance/PDD
China Population Policies Impact on Healthcare Companies Series – Part 3
- Starting from November 1st 2023, Guangxi Zhuang Autonomous Region will include some therapeutic assisted reproductive medical services in the payment scope of basic medical insurance and work-related injury insurance funds.
- Livzon’s 23Q3 performance was below expectations, which is related to China’s anti-corruption campaign started from 23H2. Considering the Chairman’s proposal to repurchase shares, we should be more patient with Livzon.
- BGI is still digesting the impact of COVID revenue, and would experience a performance low point in 2023.However, BGI belongs to the direction of national key science and technology projects.
[Blue Lotus Daily]:LKNCY/1211 HK/XPEV/LI/NIO
- LKNCY : Luckin Coffee offer special locations for franchisees (+)
- XPEV: XPeng’s urban NOA function remains in the lead (+)
- 1211 HK/XPEV/LI/NIO: Huawei rumored to cease cooperation with major automotive portals such as Dongchedi (+)
[Blue Lotus Daily – TMT Update]: NTES/3690 HK/Bytedance/PDD
- Bytedance/3690 HK: Douyin in-store GMV increased 256% YoY in 2023, miss target by 5% (+)
- PDD: AliExpress to focus on expanding in the US market this year (-)
- NTES: The latest developments about the reconciliation between NetEase and Blizzard (+)
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