Nio – From Overvalued to Absurd
EV stocks have been on a tear, not just in terms of rising share prices but also absorption of capital as Nio has conducted two secondary offerings...
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China Internet Weekly (31Aug2020): Q2 Result of Weak Xiaomi, Overheated BILI, DADA, and BITA
Alibaba (BABA)’s subsidiary, Ant Group, is profitable. Xiaomi had weak revenue and weaker profit in 2Q20. Tencent Music plans to issue...
277 Views
ECM Weekly (30 August 2020) - Ant Group, Kioxia, Yum China, Blue Moon, Softbank Corp Secondary
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs. It's...
331 Views
NIO (蔚来) Placement - Buying Itself Out of NIO China
NIO Inc (NIO US) is looking to raise about US$1.4bn in its follow-on offering. In this note, we will look at deal dynamics and run the deal...
373 Views
Xpeng Motors (小鹏汽车) Trading - NIO Leading the Charge
Xpeng Motors (XPEV US) raised about US$1.5bn at US$15.00 per ADS, above the top-end of its initial price range (US$11 - 13). We covered the IPO in...
463 Views