bullish•PDD Holdings Inc•29 May 2023 10:23
Pinduoduo (PDD): 1Q23, Up by 58% YoY, 40% Upside
In 1Q23, total revenue grew by 58% YoY and the operating margin improved significantly. We believe the company benefit from its low-price products...
bullish•Meituan•26 May 2023 03:27
Meituan (3690 HK): 1Q23, Real Operating Profit Turned Positive After Nine Quarters
In 1Q23, Meituan (MT)’s revenues still strongly grew by 27% YoY with all business lines up by more than 10% YoY. The real operating profits turned...
bullish•Kuaishou Technology•23 May 2023 00:46
Kuaishou (1024 HK): 1Q23, All Business Lines Accelerated
The revenue growth rates of all business lines accelerated in 1Q23. Operating losses shrank. We believe the stock has an upside of 66% for the...
bullish•Alibaba Group•19 May 2023 03:25
Alibaba (9988 HK): 4Q23, Physical Store Revenue Decreased for First Time, Downgrade to Hold
Alibaba’s revenue from physical stores decreased year over year for the first time. The operating margin declined despite that Alibaba cut losses...
bullish•Tencent•18 May 2023 03:39