Li Auto (LI US): 1Q24, A List of Bad News
Operating profit turned negative due to the price war and the failure of new model. Sales volume disappeared from the industry top-10 list and...
271 Views
China Consumption (20 May 2024): Leapmotor, Stellantis, GAC, Honda, Li Auto, ZTO, Tencent Music
Stellantis and Leapmotor's joint venture will sell electric cars in Europe. GAC and Li Auto, are dismissing employees. Tencent Music’s music...
208 Views
Alibaba (9988 HK): 4Q24, Main Business Began to Grow
Customer management as the largest business began to increase compared to the past two stagnant quarters. We believe margin will continue to...
287 Views
Tencent (700 HK): 1Q24, Highest Margin in Seven Years
The operating margin in 1Q24 reached the highest since 2Q16, as the gross margins of all businesses improved. The growth rate of online advertising...
279 Views
China Consumption Weekly (13 May 2024): Guangzhou Auto, NIO, CALT, Kuaishou, Trip.com, Seres
The NEV producers’ ranks changed a lot in April. GAC began to sell batteries to outside new energy vehicle producers. Kuaishou’s GMV increased by...
196 Views