Last Week in GER Research: Meituan, Nio, Haidilao, Shandong Gold, China Renais., X Financial and PDD
Below is a recap of the key IPO research produced by the Global Equity Research team. This week we dig into the economics of Mobike as it relates...
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NIO (NIO US): A Wild Ride and a Wild Valuation
NIO Inc (NIO US) listed at $6.26 per ADS, the low end of its IPO range, raising $1 billion, which was below its original target of $1.8 billion. On...
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China Renaissance Capital IPO Review - Priced to Perfection
China Renaissance Holdings (1911 HK) is looking to raise up to US$433m in its IPO. Proceeds raised will be mainly used to expand its investment...
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ECM Weekly (15 September 2018) - Fast & Furious - NIO, Qutoutiao, Haidilao, Viomi, X Financial
Aequitas Research puts out a weekly update on the deals that have been covered by Smartkarma Insight Providers recently, along with updates for...
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TSLA China Sales Evaporate After Import Tariff Hike
According to our data obtained from China Customs, as well as interviews at Tesla Motors (TSLA US) stores in China, orders for Model S and X have...
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