CHINA BULLETIN: Provinces Get Set for Slower Growth
In this week’s issue provincial economic realism, a new reserve rate cut and vanishing game regulations. On a scale of 1 to 100, we give the week a 50 for…
CHINA BULLETIN: PMI Readings Signal Strong End to 2023
In this week’s issue New Year’s travel bounces back, Wanda sells off shopping malls and a top influencer topples a CEO. On a scale of 1 to 100, we give…
CHINA BULLETIN: China-India Tensions Flare with New Arrests
In this week’s issue new China-India tensions, BYD overtakes Tesla, and Boeing emerges from the China doghouse. On a scale of 1 to 100, we give the week a 55…
Huya revenues sag 30%, looks ahead to diversification plan
The company has been rocked by a series of challenges over the last two years, and is hoping to find stability by lessening its dependence on livestream gaming revenue Key…
ZX gets its IPO at last, but stumbles on disappointing maiden earnings report
Despite an IPO that was heavily oversubscribed, the game operator’s shares lost more than a quarter of their value over their first three trading days Key Takeaways: Shares of ZX…
Shrinking DouYu emerges as leaner and meaner ‘fighting fish’
The livestream gaming company reported its third consecutive profit in the second quarter after slashing costs by 40% to offset a 24% revenue decline Key Takeaways: DouYu’s revenue fell 24%…
Huya claws its way back to profits, but growth remains elusive
The operator of China’s top livestreaming gaming platform reported a profit in the first quarter on cost cuts, even as its revenue and paid user bases continued contracting Key Takeaways:…
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