Sanil Electric IPO - Strong Profitability Growth, but Highly Dependent on Its Top Customers
Sanil Electric (062040 KS) is looking to raise up to US$164m in its Korean IPO. In this note, we talk about the company’s historical performance.
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Atour Lifestyle Holdings Placement - Well Flagged Deal, past Selldowns Have Done Well
Legend Capital (LC), one of the principal shareholders of Atour Lifestyle Holdings (ATAT US), is looking to raise around US$168m through a...
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Kakao Pay Lockup Expiry - US$1bn Overhang from Alipay
Alipay will come out of its placement linked lockup for its remaining stake in Kakaopay (377300 KS) today. Alipay will once again be free to...
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China Consumption Weekly (3 Jun 2024): Alibaba, Alibaba Pictures, Li Auto, JD.com, JD Health
Alibaba Pictures’ revenue increased by 44% YoY in the March quarter. Alibaba’s Cainiao plans to purchase fresh food from the places of origin. Li...
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Technically Speaking: Hong Kong Strategy in the Secular Bull Market
Hong Kong markets are now in a correction in a secular bull market. There are now opportunities to rotate into long term investments which will...
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