China EV: New Threats from Tesla Coming, Prefer XPEV
China's Startup EV brands have been ramping up quickly. BYD showed marketshare gains in September thanks to newly launched Model Han. However,...
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China Macro and Geopolitical Briefing
With only 40+ days left before the Presidential Election in the U.S, China is wisely taking a laissez faire approach to the bilateral issues and...
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NIO (蔚来) Placement - Buying Itself Out of NIO China
NIO Inc (NIO US) is looking to raise about US$1.4bn in its follow-on offering. In this note, we will look at deal dynamics and run the deal...
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Xpeng Motors (小鹏汽车) Trading - NIO Leading the Charge
Xpeng Motors (XPEV US) raised about US$1.5bn at US$15.00 per ADS, above the top-end of its initial price range (US$11 - 13). We covered the IPO in...
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