Archive - Latent Tensor Capital

02660.HK Zen Game Tech Has More Cash Than Market Cap. So Why Trade at a Discount?

Mahjong, cash flows, RMB 2.25B of net assets, 18% yield… and the governance catch.

Aug 1 • Latent Tensor Capital

July 2026

FIS After Worldpay: What Has This Banking-Tech Giant Actually Become?

Core banking, issuer processing, capital-markets software, and why the whole company doesn’t trade like each of them

Jul 31 • Latent Tensor Capital

00833.HK: What Market is Missing about Alltronics?

Digging into valuation through customer risk, cash quality and the ex-China buildout

Jul 20 • Latent Tensor Capital

NetDragon (0777.HK): Valuation Deconstructed

Behind its gaming cash cow, high dividend, hidden assets, and persistent governance discount

Jul 17 • Latent Tensor Capital

02400.HK: Is TapTap Quietly Rewriting XD Inc.’s Valuation?

TapTap’s margins, monetization engine, evergreen thesis and hidden risk.

Jul 16 • Latent Tensor Capital

SMPL Stock: Price Thinks There’s No Future Beyond Quest

Quest, Atkins, OWYN, and Simply Good Foods’ Valuation Reset

Jul 15 • Latent Tensor Capital

08371.HK(Taste Gourmet Group Limited): Hidden Ledger Within Hong Kong Restaurants

Harbour City leases, net cash, and unit economics behind a forgotten small cap

Jul 14 • Latent Tensor Capital

01911.HK China Renaissance: How Much Value Can Be Recovered?

Asset value, GP economics, the Web3 pivot, and the governance discount behind one of Hong Kong’s most controversial deep-value stocks

Jul 13 • Latent Tensor Capital

0700.HK: The Oddest Clue in Tencent's Valuation

Video Accounts, Moments, and game cash flow reveal what Tencent may be worth

Jul 10 • Latent Tensor Capital

BRBR: What Is the Market Really Pricing After the Selloff?

BellRing, Premier Protein, Kirkland, and the GLP-1 protein trade

Jul 8 • Latent Tensor Capital

BHR Stock: Did This Luxury REIT Just Flip a New Switch?

Braemar Hotels & Resorts: Stub equity or governance play?

Jul 6 • Latent Tensor Capital

02899.HK: Zijin’s True Valuation Debate Is Not On The Income Statement

Copper, gold, lithium each require their own valuation lens

Jul 3 • Latent Tensor Capital

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts