Tougher Chinese Regulatory Oversight of Foreign Listed Chinese Companies (With Caveats)
Chinese regulators just introduced guidelines for crackdown on capital markets misconduct, the latest one-two punch following the Didi debacle. ...
282 Views
Luckin Coffee - Restatement of 2019 Financials and Key Observations
Luckin Coffee just filed restated financial results confirming gross revenue and expense overstatements. This article delves into the restatements...
375 Views
Smartkarma Originals
Tea/Coffee Chains: As Asians Acquire a Taste for Coffee, Novelty Seems Like the Way Forward for Tea
Historically, tea dominated the Asian beverages market, but over the last few years we are seeing a renewed interest in coffee and coffee-based...
796 Views
Nayuki IPO: First Day Trading
Though Nayuki offers short term topline growth prospects alongside a tiny store- level profit, we think the IPO is priced in a manner that leaves...
266 Views
Nayuki IPO Valuation: Nayuki to Close Books Early & Pricing Is Likely to Be At The Top End
Nayuki announced the indicative price range to its IPO on 18th June 2021 at HK$17.20-19.80 per share, which implies a market cap and EV range of...
330 Views