Close Menu
    Facebook X (Twitter) Instagram
    BusinessNews.phBusinessNews.ph
    Subscribe
    • Top Stories
    • Business
    • Events / Conventions
    • National
    • Technology
    BusinessNews.phBusinessNews.ph
    Home » CICC Initiates Yeahka at OUTPERFORM with HK$98.20
    Business

    CICC Initiates Yeahka at OUTPERFORM with HK$98.20

    By Marie JonesMarch 10, 2021Updated:March 11, 2021
    Share
    Facebook Twitter LinkedIn Pinterest Email

    CICC initiates coverage on Yeahka Limited (9923), a leading payment-based technology platform in China, with an “outperform” rating and a target price of HK$98.20. CICC is upbeat on Yeahka’s dual-growth-driver (payment + value-added services) business model and the growth potential of the Company’s QR code payment and marketing services.

    Key takeaways from the report include:
    Core payment services: Yeahka concentrates on offering integrated QR code payment services for small and micro merchants: 1) QR code payment: CICC expects Yeahka to achieve rapid growth in the next 5 years; 2) QR code payment services feature high-frequency and wide consumer base; 3) Yeahka’s high revenue-sharing ratio for sales agents and its strategy that targets small and micro merchants will drive rapid growth in merchant volume.

    Value-added businesses: Huge room for commercialization based on its “data + scenario + traffic” business model: 1) Marketing services: CICC expects high-frequency transactions (QR code payment) and dual expansion drivers (proprietary R&D + M&A) to be the key drivers for Yeahka’s revenue and profit growth; 2) Merchant SaaS products empower small and micro merchants to improve customer stickiness. CICC sees monetization potential in the long run; 3) Yeahka’s fintech services business is expected to achieve mild growth in the short-to-mid run.

    Strong internet background enables Yeahka to provide targeted services; increasing R&D investment is expected to accelerate product upgrades: 1) Yeahka’s management team possesses extensive experience in the internet sector 2) Yeahka has a solid shareholder base, which includes internet giant Tencent; 3) Its strong R&D team is expected to boost product upgrades.

    For the latest business and finance news in Asia - Business News Asia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    BW Digital and BW ESS launch BW Velora to drive greater digital sustainability

    June 20, 2025

    New method to blend functions for soft electronics

    June 19, 2025

    Euro Manganese and Integrals Power Sign LOI and Offtake Term Sheet to Strengthen LMFP Battery Supply Chain

    June 19, 2025
    Latest News

    QS Energy Receives Initial Order for Multi-Year AOT Technology Deployment

    June 21, 2025

    CanSinoBIO Launches Pneumococcal Vaccine: An Innovative Choice to Safeguard Children’s Health

    June 21, 2025

    BW Digital and BW ESS launch BW Velora to drive greater digital sustainability

    June 20, 2025

    Legacy and Lifestyle: U.S. Polo Assn. Hosts Iconic Party at Pitti Uomo 108 in Florence, Italy

    June 20, 2025

    Philconstruct Visayas 2025 Showcases Innovation, Sustainability in Construction

    June 19, 2025

    How Containers Supercharge AI Development Projects

    June 19, 2025

    New method to blend functions for soft electronics

    June 19, 2025

    ULVAC Continues Participation in “Lab-in-Fab” Project to Advance Piezoelectric MEMS Technology, Now Entering a New Phase

    June 19, 2025

    Euro Manganese and Integrals Power Sign LOI and Offtake Term Sheet to Strengthen LMFP Battery Supply Chain

    June 19, 2025

    HKTDC Maintains 3% Export Growth Forecast

    June 18, 2025

    “J-Style Trip Season 3” Tops Ratings for Twelve Consecutive Episodes

    June 18, 2025

    CleverTap Launches “Promos” The Industry-First All-In-One Rewards Management Platform

    June 18, 2025

    Canstar Strengthens Technical Advisory Board with the Appointment of Geologist and VMS Mineralization Expert, Dr. Stephen J. Piercey, P.Geo., FGC

    June 18, 2025

    The Lemon Co.: How a Cebuano’s Homecoming Sparked a National Health Beverage Brand

    June 18, 2025

    Clark Waste Crisis: Was the Experienced Solution Sidelined?

    June 18, 2025
    BusinessNews.ph
    • Home
    • Business News Asia
    • Cebu Lifestyle Channel
    • Property News
    • Events News Asia.com
    • Contact Us
    • Cebu Business News
    © 2025 All Rights Reserved | BusinessNews.ph

    Type above and press Enter to search. Press Esc to cancel.