Greater China Equity Long/Short Analyst

Eric Chen

With a blend of sell-side and buy-side perspectives, Eric has covered and researched hundreds of Greater China equities in TMT and consumer spaces - two sectors woven together by the overarching thesis of technology empowering consumption. 

Eric is highly experienced in fundamental equity long short strategy. He seeks to produce differentiated and original research that combines holistic qualitative framework, unique angles and robust modelling. The process helps gain deep insights into critical value drivers misunderstood by the market, which results in mis-priced stocks and hence long/short opportunities.

China Property: Silver Lining Through the Fog

Alibaba (BABA US) - Business Adjustment Shows Greater Visibility in Delivering Results

Alibaba (BABA US): Margin Pressure Overstated

Equity Bottom-Up

Alibaba Group Holding  / Equity Bottom-Up

<ul>
<li>A stabilizing property market matters more than other factors such as industry rivalry and shareholder return policies for the performance of leading China e-commerce players in our view.</li>
<li>China's worst property market downturn is probably behind us. This will gradually help restore consumer confidence and lift consumer propensity to spend, improving growth outlook for China e-commerce sector.</li>
<li>We believe China e-commerce players will in general benefit from a stabilizing housing market. Alibaba remains the most attractive play in the space. </li>
</ul>


A stabilizing property market matters more than other factors such as industry rivalry and shareholder return policies for the performance of leading China e-commerce players in our view.
China's worst property market downturn is probably behind us. This will gradually help restore consumer confidence and lift consumer propensity to spend, improving growth outlook for China e-commerce sector.
We believe China e-commerce players will in general benefit from a stabilizing housing market. Alibaba remains the most attractive play in the space. 


China E-Commerce: Stabilizing Property Market Matters a Lot