Tencent Placement Lock-Up Expiry - US$10bn+ Block and Buyback Linked Holdco Trade
On 22nd March 2018, after market close, one of the largest overnight placements was launched. On that day, Naspers reluctantly sold US$10bn worth...
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Consumption/ US-China/ Covid-19/ Tech IPOs
In my weekly digest, I will give you selected summaries, sourced from a variety of local Chinese-language and international news outlets, and...
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Coupang Pre-IPO - Fair Bit of Competition but It's Doing Better than Most Local Peers
Coupang (CPNG US) , the largest product e-commerce player in Korea, aims to raise around US$3bn in its US listing via a mix of selling primary and...
462 Views
Coupang IPO: Initial Thoughts on Rumoured $50.0bn Valuation
Coupang is fundamentally different from other e-commerce platforms as it generates over 92% of revenue from own inventory retail. Therefore a EV...
431 Views
Kuaishou IPO Trading Update: Further Upside Seems Limited; We Are Looking for Exit Points
Kuaishou’s shares opened strong at its debut at HK$338 per share, about 194% higher than the final IPO pricing of HK$115 per share. The company’s...
315 Views