Huitongda (汇通达) IPO - Not the Right Price
Huitongda (9878 HK) is looking to raise up to US$318m in its Hong Kong IPO. Huitongda (HTD) is a leading commerce and service platform serving...
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The Week That Was in ASEAN@Smartkarma - Grab & Bank Fama, XL Axiata & Link Net, and Shopee in India
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
232 Views
Tencent Holdings – Getting Its House In Order
TENCENT: Substantial disagreements over DouYu’s strategic direction, has caused a re-think at Tencent. Unlike the JD.com move, the Douyu move makes...
247 Views
Huitongda Network IPO: Valuation Insights
Huitongda will launch an HKEx IPO on Monday to raise up to US$318m. Our valuation analysis suggests that the IPO price range is attractive at the...
344 Views
China’s Central Bank Digital Currency; Is It a Major Threat to Non-Bank Digital Payment Providers?
The digital yuan's growth in digital payments usage could erode Alipay and Tencent app market shares; yet we think the competitive threat is...
361 Views