Alibaba (BABA US): Unloved but Undeterred
Alibaba shares underperformed its peers significantly in the last 12 months. We reviewed the company's FY21Q3 results which prime the stock for an...
289 Views
China ADRs Secondary Listing - Pipeline Looks Rich, Have Three Years to Move
2020 saw nine companies undertake a secondary listing in Hong Kong, to together raise over US$16bn. We shortlist remaining candidates and look at...
410 Views
Beijing Digital (6188 HK): Possible Offer From Zhuhai SASAC
The Offer price appears fair, with respect to historical trading multiples. I see a gross/annualised spread of 15.4%/55.8%, assuming completion...
304 Views
Dida IPO Initiation: Sharing a Lift
Dida is seeking listing approval to raise $500 million through an HK listing. Dida is an attractive new economy company that combines high growth...
264 Views
Topsports Placement - Previous Deal Didn't Do Well, More to Come
CDH aims to raise around US$236m via selling a 2.3% stake in Topsports International (6110 HK). This will be the second selldown in the company in...
398 Views