• TH Capital - WB: Improving User Engagements and Monetization; Initiate with a Buy Rating
  • T. H. Data Flash – Vipshop Holdings Limited (VIPS) – July 2014: Solid SKU Growth in 2Q14; Growth is Likely To Decelerate in July, But Pick Up in August Due to Promotions
  • YOKU: Head Content Competition Postpones Profitability; Monetization of Organic Video Views is Key; Downgrade to Hold

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2015-03-30

T. H. Capital Conferences

 T. H. Capital conferences bring together corporate leaders, industry professionals and institutional investors to discuss  trends of sector and market.   We organize a&n……
2015-03-30

NetEase Leverages Partnerships In Mobile Gaming Shift

BY MICHELE CHANDLER, INVESTOR'S BUSINESS DAILY02/07/2015 08:02 AM ET Chinese Web portal NetEase (NASDAQ:NTES) is riding a wave of new strategic partnerships and rising revenue from its online games, advertising and e-commerce operations as it prepares to post Q4 earnings after the market close ……
2015-03-30

Homeinns Hotel Group Downgraded by TH Capital to “Hold” (HMIN)

Posted on Mar 12th, 2015T.H. Capital cut shares of Homeinns Hotel Group (NASDAQ:HMIN)froma buy rating to a hold rating in a research reportsent to investors on Thursday morning.Separately, analysts at Brean Capital reiterated a buyrating and set a $47.00 price target on shares of Homeinns Hotel Gro……
2015-03-30

SouFun Holdings Sets New 52-Week Low at $6.50 (SFUN)

Posted on 01/15/2015SouFunHoldings (NASDAQ:SFUN) shares hit a new 52-week low during trading on Thursday , American Banking and Market News reports. The company traded as low as$6.50 and last traded at $6.70, with a volume of 4,753,891 shares traded. Thestock had previously closed at $7.25.A number ……
2015-03-30

Jumei’s Makeover Is More Than Cosmetic

Post on 03/17/2015JumeiInternational Holding is in the business of selling cosmetics and other beautyproducts. The company’s stock, however, looks anything but dolled up.Shares of Beijing-headquartered Jumei (JMEI) have tumbledan unflattering 66% since mid-August as the largest niche e-tailer of bea……
2015-03-30

天灏资本:京东第四季度GMV强劲增长

新浪科技讯北京时间2月18日晚间消息,香港投行天灏资本今天发布研究报告称,京东(Nasdaq:JD)2014年第四季度及2015年1月商品销售总额(GMV)呈现强劲增长的趋势。报告未给出股票评级和目标股价。  以下为报告全文:  自营业务GMV的同比增长率第四季度可能将加速  我们的私有数据显示,京东自营业务的GMV第四季度可能将同比增长82.3%,至501亿元人民币。其中,电子和家电品类的GMV可能将同比增长87.9%,至442亿元人民币,而日用百货和其他商品品类的GMV将同比增长49.5%,至60亿元人民币。环比来看,GMV的加速增长是由于销量的增长,但同时也被平均售价的下降所抵消。201……
2015-03-30

天灏资本维持学大教育持有评级

新浪科技讯北京时间3月9日晚间消息,天灏资本今天发布研究报告,维持对学大教育(NYSE:XUE)股票的“持有”评级。   以下为报告全文:  学大教育报告了基本符合预期的第四季度业绩,以及略好于平均预期的第一季度业绩展望。该公司可能正处于从最糟糕状况复苏的过程中,而我们将于今年下半年看到实质性成果。以往,该公司业务的主要问题在于用户数增长的停滞。为了解决这一问题,学大教育近期与奇虎成立了合资公司,并与百度展开了合作,以推动入学人数的增长。凭借较好的用户数增长,我们认为该公司将可以减少推广和折扣,甚至涨价。这将至少有利于利润率。不过我们认为,学大教育将要到2015年下半年才能拿出实质性成果。而在……
2015-03-30

T.H. Capital Lowers Leju Holdings to Hold (LEJU)

Posted on Mar 15th, 2015T.H.Capital cut shares of Leju Holdings (NASDAQ:LEJU) from a buy rating to a hold rating ina research report sent to investors on Friday morning.LEJU has been the subject of a number of other recentresearch reports. Analysts at Bank of America initiated coverage on shares of……

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T.H. Capital is an independent research and investment advisory firm specializing in China. It offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. The company delivers relevant, comprehensive and data driven research adding immense value to clients.
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