Autohome Secondary Trading - Strong Retail, Weak Insti Coverage
Autohome raised around US$700m in its secondary listing in Hong Kong. I have covered most aspects of the deal in my earlier note. In this note,...
315 Views
Global Emerging Markets Weekly: 12 March 2021
This insight provides a summary of the key news developments impacting the largest countries and constituents of the Global Emerging Markets equity...
246 Views
Baidu Secondary: SOTP Offers Decent Upside with Conservative Assumptions
Our SOTP Valuation implies HK$303.7 per ordinary share outstanding, a 3% premium to the company’s maximum HK offer price of HK$295 per share and we...
442 Views
Baidu Secondary Listing - Smaller than Expected, Doing the Bare Minimum
Baidu plans to raise around US$3bn in its secondary listing in Hong Kong. I have covered most aspects of the deal in my earlier note. In this note,...
436 Views
Youzan Technology IPO Quick Look- Great Headline Numbers but Client Growth Is Slow and Churn Is High
Youzan Technology (YT) is looking to list by way of introduction, as its parent China Youzan Limited (8083 HK) aims to distribute its shares in YT...
438 Views