[Blue Lotus Daily]BABA/PDD/JD/ZTO/BEKE/XPEV/NIO/LI/BGNE
Daily news including JD.com, Alibaba, PDD Holdings, ZTO Express Cayman, J&T Global Express, KE Holdings, XPeng, and Li Auto.
300 Views
WuXi XDC Cayman IPO - Decent Upside from IPO Range, Bulk of the Deal Taken up by Marquee Investors
WuXi XDC Cayman (1877628D HK) is looking to raise US$470m in its Hong Kong IPO. In this note, we will look at the deal dynamics and share our final...
639 Views
CaiNiao Smart Logistics Pre-IPO Part 4 | Acquiring BABA's Express Stakes Could Soak Up IPO Proceeds
The transfer of Alibaba's logistics investments to CaiNiao could require billions of dollars of new funds in the short- to medium-term, potentially...
534 Views
WuXi XDC Cayman Pre-IPO - BULL/BEAR Scenario Considerations for Valuations
WuXi XDC Cayman (1877628D HK) is looking to raise around US$500m in its upcoming Hong Kong IPO. In this note, we share our updated thoughts on...
403 Views
The Four Listed Chinese Express Companies Suffered Significant Margin Erosion in Q323
A new price war among China's 'sort and transport' express companies drove down the group's core margins in Q3, and we expect the pain to continue...
357 Views