China Concept Stocks (BK2517) Stock Forum and Discussion

Investment ThemesDetailed Quotes

China Concept Stocks Watchlist

2461.058
+7.306+0.30%

Trading Jul 16 12:31 ET

2483.562High2453.910Low

Constituent Stocks: 30Top Rising: XPEV+4.82%

151162641

29 minutes ago

Week-28 Sale of All EV brands in China between 8 July and 14 July 2024

$Li Auto(LI.US)$ Sales of all EV brands in week 28 has been released today ( only in China mainland market).
Good news: Li Auto can rival Tesla in terms of new week sales.
Bad news: No one can see BYD’s tail light so far.

ma gon

35 minutes ago

just a bit of valuation theory...

$Baidu(BIDU.US)$
Businesses are valued as the total discounted value of future cash flows (for simplification total of undiscounted cash in next 10y-20y, which currently for Baidu one year CF is 3bn) less net debt +20b (interest bearing liabilities (-10b) less cash (+30b)).
At current price levels, Baidu business is 'expected' to be worth 14b, plus 20b cash reserves.
Accordingly to valuation methods it should be 3bn (per year) x 10y = 30bn + 20bn net cash = 50...

ma gon

1 hour ago

$Baidu(BIDU.US)$ continuing previous thread looks like Morgan Stanley is leading the crusade. Issuing lower and lower recommendations every month, making undermining statements opposite to general perception and falling out of line with all other analysts opinions/valuations.
It seems as a simple strategy. Issue some bad headlines, short a bit on a low liquid market and have algos sell off a bunch more automatically, maybe starting small panic.
Again, a going concern, profitable business cannot ...