NIO: Next Turn, Profitable!
By getting local SOEs as partners, we believe NIO's funding pressure in near term is largely mitigated. The next step is to deliver profitability....
365 Views
China NEV: Extended Subsidies Vs. Oil Price Drop - Advantage Lower Oil Price
On 31st of March, the State Council announced an extension of NEV subsidy by 2 more years as a supportive policy on NEV sector. We believe it would...
318 Views
Trade/Investment Ideas for 2019/20 China ADR Listings
Since the start of 2019 till date, we have covered 96 IPOs. Despite the market turmoil over the past two months, over a third, or 40 IPOs remain...
450 Views
ECM Weekly (22 Mar 2020) - ByteDance, Topsports, Budweiser, Innocare, Shanghai Henlius
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs. Even...
366 Views
JD.COM Accounting for Investments - Black Holes and Invisible Elephants- Inteqres ESG Bite
Following on from our analysis of Tencent and Alibaba's accounting for investments, we turn our attention to JD.com. We are concerned about the...
382 Views