ECM Weekly (23rd July 2023) - Tryt, Genda, Rakuten, Mobovi, Samhi, Indigo, Federal Bank, Invincible
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
385 Views
Mobvoi Pre-IPO - Has Turned Profitable but Bulk of Growth Came from a Single Customer
Mobvoi (2185047D CH) is looking to raise about US$200m in its upcoming Hong Kong IPO. Mobvoi’s revenue growth was primarily driven by its AI...
351 Views
[Tencent Music (TME US, SELL, TP US$6) Preview]: Competition Is Still a Concern, Maintain SELL
We expect TME's 2Q23’s rev./non-GAAP net income to be (1.8%)/ (3.9%) vs cons. We maintain SELL because of continuous pressure from Bytedance’s Soda...
523 Views
4Paradigm Pre-IPO - Refiling Updates - Has Been Paring Down Losses but Cash Runway Seems Short
4Paradigm (1764934D HK) is looking to raise about US$600m in its upcoming IPO in Hong Kong. In this note, we will cover the firm’s refiling updates.
324 Views
ECM Weekly (25th June 2023) - Tryt, Shiyue Daotian, Keep, SML, HDFC, Shriram, Tata Tech, Doosan, J&T
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
402 Views