Dada Nexus Announces US$15-17 Per ADS Range, Our Sum-Of-Parts Approach Yields US$14.60 Target
On Monday in the US Dada Nexus (DADA US) issued an updated prospectus that features a price range of US$15 to US$17 per ADS. Assuming US$16 per ADS...
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Dada Nexus IPO: Valuation Insights
Dada Nexus (DADA US) is a leading platform of local on-demand retail and delivery in China. It operates JD-Daojia (JDDJ), a local on-demand retail...
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NetEase Secondary Listing - Relatively Bigger than Baba, Should Offer Relatively Bigger Discount
NetEase Inc (NTES US) aims to launch its Hong Kong Secondary offering to raise up to US$2.8bn later today. I have covered some aspects of the...
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China Internet Weekly (1Jun2020): Internet Information Revenue Up 13%
Internet information service revenues from January to April 2020 grew by 12.8% YoY. Alibaba Pictures (1060 HK)’s revenue declined by 5% in FY2020...
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JD, NetEase and Other Secondary Listing - Index (FTSE, MSCI, HSI And HSCEI) Impact
Both JD.com Inc (ADR) (JD US) and NetEase Inc (NTES US) obtained approval for a secondary listing in Hong Kong on Thursday, 28th May. Subsequently,...
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