Weibo Secondary Trading - Delivered a Good Correction but Got Caught in the Wider Rout
Weibo raised around US$440m in its secondary listing in Hong Kong. In this note, we look at the allocation results and talk about the trading...
242 Views
Kanzhun Lock-Up - Has Held up Remarkably Well with All Pre-IPO Shareholders Well in the Money
Kanzhun, an online recruitment platform in China, raised around US$1bn in its US IPO in Jun 2021. In this note, we will talk about the upcoming...
244 Views
SenseTime IPO: Valuation Insights
Our valuation analysis suggests that the IPO price is unattractive. We would give the IPO a pass. Pricing is expected on 10 December with a listing...
338 Views
The Week That Was in ASEAN@Smartkarma - Grab Listing, Cimory IPO, and Kalbe Farma
The week that was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
213 Views
Alibaba Management Shake-Up: Long-Time CFO Maggie Wu Replaced, No Panicking Necessary
Maggie Wu is replaced by her protégé, Toby Xu. This seems like an indication that the top management is still happy with how financials are...
328 Views