Midea Group (300 HK): Cornerstone Lock-Up Expiry and Upcoming Index Flows
The lock-up expiry on cornerstone investors will lead to index providers increasing the float by 10-20%. The passive buying in the 3 weeks starting...
711 Views
Midea (300 HK): IPO Lock-Up Expiry Triggers 10% Float Increase in Global Indices for May and June
IPO lockup of cornerstone investors expired on 17 March. Free float is forecasted to increase from ~65% to ~75% for both global indices in May and...
431 Views
HSTECH Index Rebalance Preview: BYD (1211 HK) Could Replace China Literature (772 HK); Huge Trade
BYD could replace China Literature in the HSTECH in June. There will be FAF upweights for a few stocks. Funding outflows will be big and there will...
386 Views
CATL H Share Listing (3750 HK): Valuation Insights
At the maximum offer price, the gross proceeds are US$4.0 billion. Our valuation analysis suggests that the low AH discount can be justified. We...
260 Views
CATL A/H Listing - High Quality, Large Size Make It Unavoidable but Needs a Discount
Contemporary Amperex Technology (CATL) (300750 CH) , one of the world’s largest battery solutions providers, aims to raise around US$4bn in its H...
291 Views