Sona Comstar - Has Its Positives, but We Remain Unconvinced
Sona Comstar aims to raise around US$761m in its Indian IPO. The company is backed by Blackstone, which held a 66.2% stake prior to listing.
234 Views
U.S. Equity Strategy: Small-Caps Re-Emerging As Leadership
We continue to see compelling signals that suggest risk appetites are improving, which is bullish for the broad market. As a result, we are moving...
203 Views
Up Fintech (Tiger Brokers) Placement - Needs a Large Correction, Just like Futu
Up Fintech (TIGR US) aims to raise around US$165m via a follow-on offering. This will be the first raising by the company since it was listed in 2019.
289 Views
Xpeng: Short Term Negative Priced In, Positive Momentum Is Back
With its share price hit YTD low of US$22.73 at mid-May, short term negative, mainly the uncertainty of its coming P5 model, has been fully...
254 Views
China Auto: End Demand Keeps Getting Better; Chip Shortage Bottoms
Compared to corresponding period in 2019, China's PV retail sales in May increased by 5%, slightly better than that of April, while wholesale sales...
318 Views