Short YTO Express: Sharp Recovery in Volume Masks Effects of Intensifying Price War
After getting hit by Covid-19 in February and early March, Chinese express company YTO Express (600233 CH) has roared back to life, hitting a...
304 Views
Dada Nexus (达达集团) IPO - Smaller Deal Size with JD and Walmart’s Indications of Interests
Dada Nexus (DADA US) is raising up to US$281m in its US IPO.It is the largest local on-demand platform in terms of 2019 GMV. The company operates...
468 Views
Dada Nexus (达达集团) Pre-IPO - Thoughts on Valuation and Assumptions
Dada Nexus (DADA US) is looking to raise about US$500m in its upcoming IPO in the U.S. There are news reporting that the IPO will launch tonight...
390 Views
Dada Nexus (达达集团) Pre-IPO - Competitive Landscape and Peer Analysis
Dada Nexus (DADA US) is looking to raise about US$500m in its upcoming IPO in the U.S. The company is a fast-growing local on-demand retail and...
343 Views
U.S. Equity Strategy: Healthy Sector Rotations Continue
The rotation out of stay-at-home/COVID-19 beneficiary stocks and into reopening/economically sensitive stocks that we highlighted last week has...
340 Views