Trip.com Secondary Listing Quick Take - Doing the Bare Minimum - Needs Some More Correction
Trip.com plans to raise around US$1.2bn in its secondary listing in Hong Kong. In this note, we’ll take a look at the final deal terms and talk...
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Trip.com Secondary Listing: No Heads in the Clouds
Trip.com passed its HKEx listing hearing to raise up to $1-2bn through a secondary listing. We think that Trip.com is an attractive play on travel...
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Tencent Music Announces US$1bn Buyback After Shares Dip Double-Digit
We would recommend making an entry at the current multiple as we believe the announced buyback will likely help share price to move up in the short...
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China ADRs- Blocks, Liquidation, Buyback - Implications
On 25th Mar 2021, we wrote about the knee jerk correction in some of the China ADRs. Since then the ADRs have corrected further. In this note, we...
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Bilibili Secondary Trading - Hot Demand, Baba Takes Another Bite, but Still Set for a Weak Listing
Bilibili raised around US$3bn in its secondary listing in Hong Kong. In this note, we'll talk about the updates since our previous note.
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