TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Mar 10, 2021 18:00 JST
Source:
YEAHKA LIMITED
CICC Initiates YEAHKA with "Outperform" and target price HK$98.20
HONG KONG, Mar 10, 2021 - (ACN Newswire) - 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.
Source: YEAHKA LIMITED
Sectors: Cards & Payments, Daily Finance, Enterprise IT, Daily News
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Related Press Release
Fushi acquires Ascentis as part of its expansion into Southeast Asia
May 18 2023 10:10 JST
Yeahka Announces 2022 Annual Results
March 27 2023 20:36 JST
Yeahka (09923.HK) to Report 2022 Annual Results on Monday, March 27, 2023
March 15 2023 20:08 JST
Yeahka (09923.HK) highly rated by S&P Global ESG Scores and Hang Seng Corporate Sustainability Index for proactive ESG policies
February 03 2023 17:22 JST
Yeahka (09923.HK) share price rises 4.45%, Major brokers grant "Buy" rating
September 06 2022 19:46 JST
Jefferies maintains Buy rating on Yeahka (9923.HK)
September 02 2022 19:30 JST
Yeahka Announces 2022 Interim Results
August 30 2022 20:48 JST
Yeahka to Announce 2021 Annual Results on 31 March 2022, Actively Covered by 13 Leading Brokerages
March 29 2022 12:12 JST
Yeahka Donate 60,000 Antigen Rapid Test Kits Supporting Hong Kong's Fight Against COVID-19
March 03 2022 18:29 JST
Yeahka ranks No. 1 in the non-bank independent QR code payment service market in China
January 21 2022 17:51 JST
More Press release >>
Latest Press Release
CaoCao Inc. (2643.HK) Added to Hang Seng Composite Index, Set to Join Hong Kong Stock Connect on Sept 8
Aug 22, 2025 19:51 JST
CITIC Resources Deepens Dual Driver Development Strategy of "Investment + Trading"
Aug 22, 2025 19:28 JST
China International Development Corporation acquires strategic 20% stake in NVT
Aug 22, 2025 09:22 JST
TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Successfully Carries Out Space Protein Crystallization Experiments
Aug 22, 2025 03:00 JST
NEC digital technologies to empower small-scale producers in Africa in partnership with IFAD
Aug 21, 2025 20:32 JST
Sharp Corporation and Sharp Energy Solutions Corporation Sign Memorandum of Understanding with Mitsui O.S.K. Lines, and AAR Japan for Donation of Solar Modules to Kenya
Aug 21, 2025 20:15 JST
Aiming to Build Battery Ecosystem, Toyota and Mazda Start Tests of Energy Storage System Using Electrified Vehicle Batteries
Aug 21, 2025 19:50 JST
NEC signs Memorandum of Cooperation with the Senegalese government, CFPT-SJ, JICA, and four Japan-based companies for vocational training in Senegal
Aug 21, 2025 19:27 JST
Sharp Corporation and Sharp Energy Solutions Corporation Sign Memorandum of Understanding with Mitsui O.S.K. Lines, and IOM to Advance Cooperation through Renewable Energy
Aug 21, 2025 19:07 JST
Kingsoft Announces 2025 Interim and Second Quarter Results
Aug 21, 2025 12:16 JST
NEC develops robot control technology using AI to achieve safe, efficient autonomous movement even at sites with many obstacles
Aug 21, 2025 10:39 JST
Hengdeli Announces 2025 Interim Results
Aug 20, 2025 20:52 JST
Emperor W&J Announces 2025 Interim Results, Revenues from Hong Kong and Mainland China Increase by 9% Respectively
Aug 20, 2025 20:00 JST
Honda Establishes New Subsidiary in India for Retail Financing Services
Aug 20, 2025 18:15 JST
Sharp Introduces Conversational AI Character "Poketomo"
Aug 20, 2025 16:22 JST
Collaborate with BNI, JCB Launch the 1st JCB Corporate Card in Indonesia
Aug 20, 2025 16:00 JST
NEC collaborates with WFP to strengthen cooperative development in Africa
Aug 20, 2025 15:53 JST
Hitachi High-Tech and NOF Metal Coatings use materials informatics to improve the efficiency and sophistication of research and development work
Aug 19, 2025 16:38 JST
NEC and ClimateAi Develop Conceptual Model to Promote Climate Change Adaptation in Agriculture
Aug 19, 2025 11:33 JST
Value Research Center to host The Valuism Conference 2025 on August 28-29 (Hybrid Format)
Aug 19, 2025 11:00 JST
More Latest Release >>