Sea Surges 13% on Blowout Q1: SE Re-Rating to $100?
Sea Limited (SE) soared 13.1% after Q1 2026 results beat across the board, driven by dual engines of Shopee e-commerce and Garena gaming, underscoring a robust recovery in Southeast Asia's consumer internet sector. A long-suppressed valuation discount is now undergoing systematic re-rating as institutional capital accelerates inflows. Key risks remain: fragmented multi-country regulatory exposure and unproven earnings sustainability. How far do you think this recovery run can go — are you buying SE at this level?