Payment Companies – 2022 in Review, Our High Conviction Calls for 2023
For 2023, we favour Visa in the card network megacaps, adding Wise to the buys and we stick with PagSeguro; for shorts, we remain negative on...
694 Views
Bionote IPO Trading - Weakest Demand Even After Cutting Price and Size
Bionote (377740 KS) raised US$72.2m in its Korean IPO. In this note, we will talk about the demand for the deal and other trading dynamics.
691 Views
GoTo IPO Lockup Expiry Follow-Up - Has Corrected but Has Traded Relatively Little Volume
GoTo pre-IPO shareholders were released from the lockup on 1st Dec 2022, which led to a 47% slide in its share price. While the stock has...
580 Views
Net Protections Holding IPO Lock-Up - PE Owner Is Free to Shed Its Remaining Stake
Net Protections, a buy now pay later service provider, raised around US$570m via selling a mix of primary and secondary shares in its Japan IPO in...
361 Views
CSI KRX China-Korea: Rebalancing Results from KRX & Flow Trading Considerations
This post details the rebalancing results of the CSI KRX China-Korea indices (50, EV, and Semiconductor), effective December 12, and discusses...
398 Views