Meituan (3690 HK): 3Q21, Record Loss, But Will Beat Small Companies in Community Group Purchase
Operating loss in “initiatives” reached record high 3Q21. We believe loss will decrease in 2022 as small community-group-purchase companies are...
207 Views
Weibo Secondary Listing: Braving Uncertainty
Weibo is offering 11m shares through an HKEx secondary listing. While the near-term visibility remains limited, the valuation at last close is...
272 Views
Net Protections Holdings IPO - Peer Comparison and Thoughts on Valuation
Net Protections Holdings (NPH), a buy now pay later service provider, aims to raise up to US$570m via selling a mix of primary and secondary shares...
297 Views
Global Emerging Markets Weekly: 26 November 2021
This insight provides a summary of the key news developments impacting the largest countries and constituents of the Global Emerging Markets equity...
233 Views
Coupang: The Mispricing Is Still Significant
With revenue expected to decelerate, we calculate that there’s significant further downside potential to Coupang shares as its valuation remains...
430 Views