FSN E-Commerce (Nykaa) Pre-IPO - Mixed Bag - Fashion Growing, Beauty Slowing
FSN E-commerce (Nykaa) aims to raise around US$550m, via selling a mix of primary and secondary shares in its Indian IPO.
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ANE Logistics Pre-IPO - PHIP Updates - Underlying Growth Is Far from Clear
ANE, an express freight network operator in China for less-than-truckload (LTL) market, aims to raise around US$500m in its Hong Kong IPO.
282 Views
Pinduoduo (PDD): Made Profit After Giving up Direct Sales and User Accumulation
PDD made profit for the first time, because PDD shrank its direct sales and stopped accumulating users. We believe revenue will grow by 45% and the...
225 Views
Tencent Holdings – Modern Day Opium War
TENCENT HOLDINGS: The mainland Chinese regulator hauled in gaming industry executives for a complete dressing down over the recent August gaming...
293 Views
SEA Ltd Placement -Momentum Is Very Strong but Last Deal Didn’t Do Well and It Doesn’t Need the Cash
Sea Ltd (SE US) plans to raise around US$3.5bn via an equity offering, along with another US$2.5bn via a convertible offering. The company last...
410 Views