bullish
China Internet Weekly (30Dec2019): We Review Our Ratings in 2019, Tencent Fired 60 Corrupt Employees
556 Views30 Dec 2019 09:45
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 "China Internet Weekly", we have tried to summarize the weekly news flow. If you have any feedback positive/negative please do let us know.
- We have reviewed our ratings throughout 2019. Most buys and sells are useful and helpful except for two.
- Tencent Holdings (700 HK) fired 60 corrupt employees.
- JD.com Inc (ADR) (JD US)’s logistics business plans to go public.
- Q&K International (QK US) cannot pay landlords and employees just one month after its listing.
Ratings of our coverage in China:
- Buy: Alibaba (BABA), Tencent (700 HK), JD.com (JD), Meituan (3690), TAL Education (TAL), New Oriental (EDU), Momo (MOMO).
- Hold: Ctrip.com (CTRP), Autohome (HTHM), 58.com (WUBA), NetEase (NTES)
- Sell: Tencent Music (TME), Baidu (BIDU), Weibo (WB), Pinduoduo (PDD)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
- Tencent (700 HK): Promising Mini-Programs in WeChat15 Jan 2020
- China Internet Weekly (13Jan2020): Police Arrested 20 of Meituan's Employees for Corruption13 Jan 2020
- China Internet Weekly (6Dec2020): Xiaomi’s Best TV Set Seller, TME Acquired 10% of Universal Music06 Jan 2020
- China Internet Weekly (30Dec2019): We Review Our Ratings in 2019, Tencent Fired 60 Corrupt Employees30 Dec 2019
- China Internet Weekly (24Dec19): Alibaba Reached Record High and Reorganizes Departments23 Dec 2019
- China Internet Weekly (16Dec19): Tencent Broke Through Resistance Line16 Dec 2019
- Tencent (700 HK): Restart Copying and Erasing Competitors12 Dec 2019
x