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TAL - Who Says Alibaba And Tencent Are Weak In Lower-Tiered Cities?
TAL Education Group American Depositary Shares
By ALT Perspective
In this week's issue of Chinese Internet Weekly (CQQQ) (FXI), besides the general discussion on the week's stock price movements and earnings announcements, I will elaborate on the penetration of Alibaba Group (BABA) and Tencent Holdings (OTCPK:TCEHY)(OTCPK:TCTZF) in the third and fourth tier cities of China.
As explained in a past issue of the Chinese Internet Weekly, I find the top constituents of the KraneShares CSI China Internet ETF (KWEB) to be more relevant to the sector. Hence, allow