Abstract: We spoke to the management of CiDi, a leading China-based physical player. Revenue and gross profit both accelerated sharply in 1H2026, extending several years of triple-digit growth, with management citing an approaching first adjusted-breakeven period. Domestic demand is policy-driven while overseas market is still in early stage of development.
CIDI (3881 HK)
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Fundamental research on individual Asia Pacific companies, including initiations, company meeting takeaways and event-driven notes on catalysts such as primary listing conversions and index inclusion.
