NIO – An Offering Not Lacking in Audacity
Nio announced this morning that they would be conducting a follow-on offering of 60m ADS run by Morgan Stanley, Credit Suisse and CICC. The company...
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COVID-19 and ESG: Tencent, Alibaba Lead in Coronavirus Aid for Asia Pacific Region
"Social" has been a third-wheel ESG pillar for a long time. Not that it matters any less, and there is plenty of evidence that strong Social-pillar...
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NIO: Next Turn, Profitable!
By getting local SOEs as partners, we believe NIO's funding pressure in near term is largely mitigated. The next step is to deliver profitability....
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China NEV: Extended Subsidies Vs. Oil Price Drop - Advantage Lower Oil Price
On 31st of March, the State Council announced an extension of NEV subsidy by 2 more years as a supportive policy on NEV sector. We believe it would...
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Trade/Investment Ideas for 2019/20 China ADR Listings
Since the start of 2019 till date, we have covered 96 IPOs. Despite the market turmoil over the past two months, over a third, or 40 IPOs remain...
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