New Ruipeng Pet Group IPO: Struggling Pet Hospital Operator. Hard To Justify Premium Valuation
We believe investors should think twice before investing as the company’s revenue growth deceleration, competition, and worsening fundamentals may...
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China Internet Weekly (6Feb2023): Tencent, JD.com, Microsoft
WeChat's physical Usage increased by 23% in New Year holidays. JD.com will close its businesses in Indonesia and Thailand. Microsoft denies a...
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Hong Kong Connect Flows (Feb 3rd): Meituan, Sensetime, Tencent, CCB, HKEx
We analyzed southbound Hong Kong connect flows in the past week and highlight flows for Meituan, Sensetime, Tencent, China Construction Bank, Hong...
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HK Short Interest Weekly: Li Ning, Ccb, Beigene, Hworld, Hutchmed
We analyzed the latest HK SFC report for aggregate short position as of Jan 27th and highlight short interest changes in Li Ning, Ccb, Beigene,...
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Hesai Group IPO - Thoughts on Valuation
Hesai Group (HSAI US) is looking to raise around US$170m in its upcoming US IPO. In this note, we till talk about valuations.
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