财新传媒
位置:博客 > Doug Young > 文章归档 > 2018年七月
2018年07月19日 12:22

INTERNET: Baidu Sambas Out of Brazil

Bottom line: Baidu's withdrawal from Brazil reflects a broader inability of Chinese companies to succeed overseas due to their different practices and local wariness about their ability to protect user privacy.

In what is probably coming as a surprise to no one, media reports are saying that search leader Baidu (Nasdaq: BIDU) is pulling out of Brazil. This would represent the company's latest failure abroad, and is really part of a broader string of failures not only for the company but China's internet sector in general. This particular group is quite good at milking th......

阅读全文>>
2018年07月18日 11:49

SMARTPHONES: Xiaomi Takes Big Step Into South Korea

Bottom line:  Xiaomi appears to be gaining confidence of investors through moves like its entry into South Korea, but it will take at least another year to prove it really has the savvy to thrive over the longer term.

Newly listed smartphone maker Xiaomi (HKEx: 1810) has kept the world guessing these past two weeks with its on-again-off-again performance both on the Hong Kong stock exchange and now in the real world. The former is a reference to its stock, which did quite poorly in the run-up to its trading debut last Monday but has done a U-turn since then and posted some impr......

阅读全文>>
2018年07月13日 14:06

GAMES: Tencent Takes Gaming Act Abroad

Bottom line: Tencent's WeGame could stand a 50-50 chance of success in moving abroad, since the company already has a proven track record in games and will face relatively low privacy pr......

阅读全文>>
2018年07月12日 11:06

IPOs: Inke Pops in Trading Debut, Xiaomi Bounces Back

Bottom line: Live broadcasting specialists Inke and Huya should do well over the next year but could face difficulty after that as popularity of such services fades, while Xiaomi's stock gains over the last two days look like a dead-cat bounce.

Following the unimpressive debut of smartphone maker Xiaomi (HKEx: 1810) earlier this week, live streaming site Inke (HKEx: 3700) is the latest high-tech listing in the headlines with a more impressive debut in Hong Kong. This latest deal follows the US listing for Huya (NYSE: HUYA), China's first live streaming site to make an IPO, w......

阅读全文>>
2018年07月09日 11:29

IPOs: Xiaomi Fizzles in Debut, But What’s Next?

Bottom line: Xiaomi's stock is likely to be volatile over the next year and could move broadly downward as investors wait to see if the company's comeback has legs and it can move into higher-end products.

Smartphone maker Xiaomi (HKEx: 1810) seems to have become the proverbial lead zepplyn sinking further and further into the mire as it finally made its trading debut in Hong Kong. The company has been dogged by skepticism almost since the get-go of its blockbuster IPO, which ended this morning here in Asia with the stock's official trading debut. The question from here ......

阅读全文>>
2018年07月05日 10:58

TRADE: Micron, China Mobile Muddy US-China Trade Tensions

Bottom line: A court order barring Micron Technology from China and Donald Trump's attempts to keep China Mobile out of the US reflect blurring lines between business and politics in heightening US-China trade tensions.

Two new headlines are showing how trade tensions between the US and China are spilling over into the high-tech realm, while also reflecting a certain amount of confusion and twisting of the facts. Leading the somewhat misleading headlines is an item that has U.S. memory chip giant Micron (Nasdaq: MU) suddenly being shut out of China for a number of its products d......

阅读全文>>
2018年07月02日 12:02

IPOs: Pinduoduo Provides Fresh Face for E-Commerce

Bottom line: A new IPO by e-commerce company Pingduoduo could do reasonably well due to its rapid growth and unusual business model, but could suffer from a "flavor of the day" element over the longer term.

After years of basically having just two choices to invest in China's e-commerce market, investors will soon have another new and interesting option with the upcoming listing of a company called Pinduoduo. I'll admit that I was unfamiliar with Pinduoduo before reading about this upcoming listing. But that said, the numbers do point to a potential high-flyer in t......

阅读全文>>