ZTO Express Q1 Results Surprise: Despite Lower Pricing, Margins Up Y/Y | Mgmt Raises Volume Guidance
ZTO's Q1 results showed strong volume growth, but also weaker unit pricing and a lack of control over SG&A expenses. We retain our negative view on...
432 Views
Dmall Pre-IPO - The Positives - Ambitions of Aiding the Retail Digitization Journey for Retailers
Dmall Inc (1751691D CH) is looking to raise around US$200m in its upcoming Hong Kong IPO. In this note, we will talk about the positive aspects of...
324 Views
Alibaba (BABA US): Buy Ahead of March Quarter Results This Thursday
We believe BABA's upcoming 4QFY23 results will surprise the market to the upside by a wide margin in terms of recovery in bottomline. Buy ahead of...
439 Views
Growatt Technology Pre-IPO - Latest Thoughts on Valuation
Growatt Technology (1833969D CH) is looking to raise about US$400m in its upcoming Hong Kong IPO. In this note, we will provide our latest thoughts...
390 Views
Horizon Construction Development IPO - Peer Comparison & Thoughts on Valuation
Horizon Construction Development (1887128D HK) is looking to raise US$223m in its upcoming Hong Kong IPO. In this note, we undertake a quick peer...
308 Views