Li Auto’s US$2 Billion ATM Offering
The offering appears to be timed to take advantage of the share price rally. The shares are at best fully valued at the last close. We prefer...
493 Views
Singapore-listed Manufacturing Stocks on the Move
Singapore’s Industrial Production has booked 9% growth for the first 5 months of 2022, following 13% growth in 2021 and 7% growth posted in...
693 Views
Tianqi Lithium A/H Listing - PHIP Updates and a Closer Look at Valuations
Tianqi Lithium (TL) is looking to raise up to US$1.5bn via its H-shares listing. In this note, we look at A/H valuations.
388 Views
Sona Comstar Lock-Up - Blackstone up 17x, Sold Half in the IPO with over US$1bn Left
Sona Comstar (Sona) raised around US$761m in its Indian IPO in Jun 2021. The shares are trading well above the IPO price. Blackstone still owns...
545 Views
Tianqi Lithium A/H Listing - Back once Again, This Time with a More Compelling Industry Backdrop
Tianqi Lithium (TL) is looking to raise up to US$1.5bn via its H-shares listing. In this note, we look at the company's past performance and talk...
578 Views