Nayuki (奈雪の茶): Teahouse Competition on the Ground
We visited the stores of Nayuki and its competitors. Nayuki has the No. 4 largest customer base among Chinese teahouses, but We believe Heytea is...
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China ADRs - Kanzhun, Full Truck and Didi - Regulators Sending a Message
In a spate of three days, the Cyberspace Administration of China (CAC) has announced a cyber security review on three China tech companies. By...
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Nayuki (奈雪) IPO Trading - Good Demand
Nayuki Holdings (NYK HK) raised US$656m at HK$19.80 per share, the top-end of its IPO price range. Nayuki is the operator of Nayuki teahouses, a...
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Impact of Market Caps & Share Based Compensation Schemes on Chinese IPOs in 2021
In this insight, we analyze the impact of market caps and share based compensation schemes on the 20 major Chinese IPOs so far in 2021.
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Dingdong Maicai Pre-IPO - Thoughts on Valuation
Dingdong Maicia (DDL US), a groceries on-demand e-commerce company, aims to raise up to US$500m via a US listing. It is backed by Tiger Global,...
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