Luckin Coffee (瑞幸咖啡) Lock-Up Expiry - Short Closer to Q3 as Pre-IPO Investors May Look to Sell
Luckin Coffee (LK US)'s lock-up will expire in about a month, on the 13th of November. We have covered the IPO extensively in: Luckin Coffee...
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NIO: Future Now Dependent on Near-Term Funding
After reporting a net loss of Rmb3.2bn in 2Q2019 due to weak sales performance, we estimate that NIO will not be able to breakeven this year. This...
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Could Tencent Bid for NIO to Revive Growth? A Deep-Dive into Potential M&A Targets.
After Tencent's bid for Bitauto (BITA US) /Yixin Group (2858 HK), we believe Tencent may be in the market to buy back stakes in underperforming...
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Tencent Bid for Bitauto: A Change in Strategy to Reignite Growth?
Tencent has been in a tough spot of late - outer year revenue estimates for the company have continued to fall for the past year (Source: Reuters)...
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TSLA China Reality Checks - Sales Tax Cut and GF3 Ramp
On August 30th, China’s Ministry of Industry and Information Technology (MIIT) announced its purchase tax exemption for Tesla Motors (TSLA US) ...
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