The Week That Was in Greater China @Smartkarma: Recent IPOs, China NEVs, & ZTO's Weird Q2 Numbers
This issue of 'The Week that Was in Greater China@Smartkarma' covers the week of September 23rd through September 30th and features a selection...
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ZTO's Q2 Operating Margin Improvement Was (Nearly) Unbelievable! Avoid ZTO Until Disclosure Improves
When it reported Q217 (June) results in late August, ZTO Express (ZTO US) managed to beat consensus estimates with the help of some non-operating,...
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Alibaba Takes CaiNiao Stake Up To 51%, CaiNiao Now Valued at US$20bn+; What's New, What's Not
Alibaba Group Holding Ltd (BABA US) announced Tuesday that it would invest 5.3 bn RMB to lift its stake in logistics specialist CaiNiao Network...
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Smartkarma: ECM Coverage Weekly Update (23 September 2017)
The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs. This week we see...
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Best Inc Reduces IPO Deal Size, Cuts Pricing, Then Settles for Just US$10 Per ADS
After reducing the size of its offering and slashing the price range for its ADSs on Tuesday morning, Best Inc reportedly priced its shares at just...
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