TRACKING TRAFFIC/Chinese Express: Volumes UP | Pricing DOWN | Time for Consolidation
Although express parcel volume growth remained strong in December, unit pricing was still weak, and we expect more companies to report losses in Q4...
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NIO (蔚来) Placement - As Expected. Now, You Choose.
NIO Inc (NIO US) is looking to raise about US$2.5bn in its follow-on offering. Proceeds raised will be mainly used for R&D, sales and service...
477 Views
Xpeng Motors (小鹏汽车) Placement - Level the Playing Field
Xpeng Motors (XPEV US) is looking to raise about US$1.88bn in its follow-on offering. Proceeds raised will be used for R&D, sales and marketing,...
330 Views
Dada Nexus Placement: Ascend and Deliver
Dada Nexus is seeking to raise as much as $521 million through an issue of 9 million ADSs. Overall, we would participate in the placement.
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Dada Nexus (达达集团) Placement - Proving Its Worth; Traded Well Since IPO
Dada Nexus Ltd (DADA US) is looking about US$495m in its follow-on offering. In this note, we will look at deal dynamics and run the deal through...
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