bullish

Tencent

China Internet Weekly (16Dec19): Tencent Broke Through Resistance Line

328 Views16 Dec 2019 08:51
SUMMARY

While researching Chinese Internet companies, we frequently come across news that merits being highlighted to investors, however, it is not big enough to warrant a research note. In our "Last Week on China Internet", we have tried to summarize the weekly news flow. If you have any feedback positive/negative please do let us know.

Ratings of our coverage in China:

  • Buy: Alibaba (BABA), Tencent (700 HK), JD.com (JD), Meituan (3690), TAL Education (TAL), New Oriental (EDU).
  • Hold: Ctrip.com (CTRP), Autohome (HTHM), 58.com (WUBA), NetEase (NTES)
  • Sell: Tencent Music (TME), Baidu (BIDU), Weibo (WB), Pinduoduo (PDD)
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