SEA Lock-Up - Tencent Is once Again About to Be Free to Trim Its US$8bn Stake
Tencent sold US$3bn worth of SEA shares in Jan 22. The rest of its stake was locked up for six months, which will soon be over.
1.1k Views
Listing a Subsidiary May Tell Market that the Parent Company Isn't Confident in Generating Cash Flow
On June 1, the Nikkei Shimbun carried an article titled "Parent-subsidiary listing, investors cynical about 'governance barrier'". I would like to...
322 Views
Japan Internet - Fresh Lows for Many with Rakuten the Lowest Since 2010
Tech sector weakness amplifies concerns on competition for Rakuten and Z Holdings. Both are down 50%+ from recent highs with Rakuten at levels last...
285 Views
Net Protections Holding IPO Lock-Up - Small Expiry Now, Before 20% Is Released Later in the Year
Net Protections Holdings, a buy now pay later service provider, raised around US$570m in its Japan IPO in Dec 2021. The lockup on one set of...
441 Views
Rakuten (Neutral) - Follow-Up on Q1 Results and Thoughts on a Securities Listing
Rakuten is trading at near-term lows as the path to mobile profitability and cash burn may be longer than expected. A second fintech IPO is...
372 Views