China ADRs Secondary Listing - Holding Foreign Companies Accountable Act - I'm Coming Home
Ever since Alibaba successfully completed its secondary listing in Hong Kong in Nov 2019, markets have been abuzz with news of other companies...
536 Views
U.S. Equity Strategy: Round Trip Back To Resistance
Our base case continues to be for near-term consolidation while the market determines the implications of states’ reopening (i.e., the...
211 Views
HKEx (388.HK): US-Listed China ADR Homecoming, A Long-Term Positive
Chinese companies listed in the U.S. are following Alibaba Group (BABA US) in choosing Hong Kong for a secondary listing. It is reported that...
271 Views
Alibaba - No Softbank Placement Overhang, Going into HSI and HSCEI
In Mar 2020, Softbank Group (9984 JP) had announced that it would sell assets worth US$41bn in order to fund the repurchase of US$18bn worth of its...
319 Views
JD.com (JD): Reason for Growth Surprise in 1Q2020
The pandemic damaged white goods that JD is not good at, but raised the demand for consumer electronics that JD is good at. We believe JD...
169 Views