⚠️🇨🇳#CANG #report #watchlist
Cango announced financial results for 2021.

🇨🇳#monetarypolicy #china #forecast
China Central Bank could cut the RRR rate soon - China Daily

#QFIN #CANG #watchlist

💥🇨🇳#china #ev #cars #support
China unveils plans to spur car demand, may extend EV tax break - RTRS

#NIO #XPEV #LI #CANG

❗️🇨🇳#economy #china #impulse
China credit impulse continues to grow

💥#QFIN #LX #FINV #CANG

🇨🇳#CANG #report #watchlist
Cango
- Q3 Non-GAAP EPS of -RMB0.96
- Revenue of RMB416.4M (-48.0% Y/Y)

💥❗️🇨🇳🇺🇸#delisting #stocks #china #us #audit
CHINESE STOCK DELISTING THREAT EASES AS US GETS ACCESS TO AUDIT DATA — BBG

#QFIN #FENG #DQ #CANG

🇨🇳#china #credit #impulse #macro
China's bank lending gathers pace

#QFIN #LX #FINV #CANG

🇨🇳#china #lending #economy

💥#QFIN #LX #FINV #CANG

🇨🇳🇺🇸#CANG #earnings #watchlist
Cango:
- Revenue of $79.01M (-36.4% Y/Y)
- Q1 Non-GAAP EPADS of $0.10

- Price/Earnings ratio (3Y): 3 (good)
- Current ratio (1Q23): 2.13 (good)
- Working Capital/Debt (1Q23): 6.3 (good)
- Margin of Safety: 5 (good)

🇨🇳#CANG #earningsseason
Cango Inc: quarterly financial results ($ M)

❗️the company's market cap is nearly 3 times lower than the value of its liquid assets minus all obligations (current assets - total liabilities = 2.7 x MCap)

#watchlist

🇨🇳#china #stocks #history
price-to-book ratio of the Hong Kong Hang Seng Index has reached extremely low levels = historically, after such instances, the Hong Kong market has experienced a subsequent rise of 40-80% over the next 2 years.
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here's what's on my list of Chinese equities to watch (not an investment advice):

- FinVolution (#FINV)
- Hello Group (#MOMO)
- Naspers (#NPSN)
- Prosus (#PRX)
- Phoenix New Media (#FENG)
- Cango (#CANG)
- LexinFintech (#LX)
- Qifu Technology (#QFIN)
- Tencent (#TCEHY)
- WH Group (#288HK)