Xpeng Motors HK Listing - Will Probably Be Hot Given Strong Momentum but past Deal Didn’t Do Well
Xpeng Motors (XPEV US) is looking to raise about US$1.7bn via a listing in Hong Kong. We have the IPO and its previous deal. In this note, we will...
442 Views
Xpeng Secondary Listing: The Battle to Rule the Teslaverse
XPeng has launched an HKEx secondary listing to raise proceeds of $2 billion. For investors seeking exposure to the China NEV sector, XPeng’s...
353 Views
U.S. Equity Strategy: Small-Caps Re-Emerging As Leadership
We continue to see compelling signals that suggest risk appetites are improving, which is bullish for the broad market. As a result, we are moving...
189 Views
China Auto: End Demand Keeps Getting Better; Chip Shortage Bottoms
Compared to corresponding period in 2019, China's PV retail sales in May increased by 5%, slightly better than that of April, while wholesale sales...
303 Views
TSLA China Losing to Chinese NEV OEMs
TSLA will begin to experience excess production of the Y in the next couple of months, as the China order backlog wanes from 43KQ1 to 17K Q2. Y...
230 Views