BYD (比亚迪汽车) Placement - A Well Anticipated Placement with Strong Momentum
BYD (1211 HK) is looking to raise up to about US$3.6bn in its primary placement. In this note, we take a look at deal dynamics, December auto...
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NIO: NIO Day Unveils Downside Risks
We see more risks to the NIO story from the information given NIO Day on 9th Jan. Sooner rather than later, NIO's monthly car delivery would be...
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NIO (蔚来) Placement - As Expected. Now, You Choose.
NIO Inc (NIO US) is looking to raise about US$2.5bn in its follow-on offering. Proceeds raised will be mainly used for R&D, sales and service...
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China Auto: Short-Term Interruptions from Auto Chips Shortage
Impact of wafer shortage extended to auto chips recently, and forced several factories of VW JVs in China to suspend production early December...
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Xpeng Placement: Charging Up
Xpeng is seeking to raise as much as $2.0 billion (at the last close price) through an issue of 40 million ADSs. We remain bullish on Xpeng’s...
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