Tougher Chinese Regulatory Oversight of Foreign Listed Chinese Companies (With Caveats)
Chinese regulators just introduced guidelines for crackdown on capital markets misconduct, the latest one-two punch following the Didi debacle. ...
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Luckin Coffee - Restatement of 2019 Financials and Key Observations
Luckin Coffee just filed restated financial results confirming gross revenue and expense overstatements. This article delves into the restatements...
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Smartkarma Originals
Tea/Coffee Chains: As Asians Acquire a Taste for Coffee, Novelty Seems Like the Way Forward for Tea
Historically, tea dominated the Asian beverages market, but over the last few years we are seeing a renewed interest in coffee and coffee-based...
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Nayuki IPO: First Day Trading
Though Nayuki offers short term topline growth prospects alongside a tiny store- level profit, we think the IPO is priced in a manner that leaves...
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Nayuki IPO Valuation: Nayuki to Close Books Early & Pricing Is Likely to Be At The Top End
Nayuki announced the indicative price range to its IPO on 18th June 2021 at HK$17.20-19.80 per share, which implies a market cap and EV range of...
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