Goldman Sachs lowered Li Ning’s earnings forecast, target price, citing slower sales growth, higher expenses >>>
Fitch downgraded ratings of China’s four national asset managers, citing easing expectation of government support
Chinese dotcoms experience slower economic environment, peaked user growth, changes in user structure; Tencent, PDD, Alibaba favored – UBS >>>
Chinese banks’ latest deposit rate cut aimed at easing NIMs pressure, doesn’t see room for more lending rate cut – JPMorgan >>>
Fitch downgrade Dalian Wanda’s long-term foreign-currency issuer default raging to Restricted Default >>>
Alibaba’s frequent management changes not welcomed by market; setup of asset management company signals faster non-core asset disposal – JPMorgan >>>>