China EV Outlook: 2023 Will Be a Year of Divergence
We think the fiercer competition in 2023 will inevitably lead to divergence. The followers such as Xpeng, could only sacrifice margin. We reiterate...
362 Views
LG Energy IPO Lock-Up - Last of the Lockups at US$3bn
LG Energy Solution (373220 KS) raised US$10.8bn in its South Korea IPO, after pricing at the top-end of the IPO price range. Its one-year lockup...
434 Views
WM Motor Reverse Merger and Placement - The US$2bn Merger and US$500m Planned Placement
On 11th Jan 2023, WM Motor Technology Co Ltd announced its intention to merge with Apollo Future Mobility (860 HK) . In this note, we talk about...
389 Views
EVA Precision: Updates, Poised For a Rally
Eva Precision Industrial Holdings (838 HK) has come off its lows but still trades at an attractive 7.8x/5x PE FY22e/23e and a dividend yield of...
523 Views
Aequitas 2023 Asia IPO Pipeline - Hong Kong
In this note, we will take a look at the Asia Pacific IPO pipeline for 2023, starting with Hong Kong. The deals you see are only a part of the...
501 Views