China Consumption Weekly (15Apr2024): NetEase, Activision Blizzard, Li Auto, Alibaba, Feihe, Uniqlo
NetEase will be Activision Blizzard’s agency again. Alibaba’s cloud service plans to reduce its overseas prices. Infant formula companies suffered...
270 Views
Nongfu Spring (9633 HK): Criticism Not a Concern, Strong Performance, But Flat Price, Buy
The criticism against Nongfu Spring eventually helps the company. Catching the fashion of sugar free, tea revenue surged by 83% in 2023. But its...
241 Views
China Consumption Weekly (8 Apr 2024): BYD, Li Auto, Trip.com, Alibaba
In March 2024, BYD’s Sales volume increased by 46% YoY and Li Auto increased by 39% YoY. AliPay announced foreigners’ consumption amount in China...
288 Views
China Consumption Weekly (1 Apr 2024): Tencent, Alibaba, Xiaomi, Midea
There is a rumor in social media that Tencent will dismiss 10% - 30% of its employees. Alibaba withdrew the IPO application of its subsidiary,...
341 Views
BYD (1211 HK): Strong Revenue in 2023 and to Change Strategy in 2024
Total revenue increase by 42% and automobile revenue increased by 49% in 2023. We believe BYD will move its focus from low price to new vehicle...
419 Views