Tuhu Car Pre-IPO - Thoughts on Valuation - Will Likely Need a Markdown from Its Latest Funding Round
Tuhu Car (2007986D HK) is looking to raise up to US$300m in its upcoming Hong Kong IPO. In this note, we will discuss our earnings assumptions and...
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Tuhu Car Pre-IPO Peer Comp - While It Has Been Loss Making, GPM Expansion Has Been the Strongest
Tuhu Car (2007986D HK) is looking to raise up to US$300m in its upcoming Hong Kong IPO. We have looked at the firm’s past performance in earlier...
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HSBC Holdings: Conviction Returns
After years of decline, UK active managers are buying back into HSBC. Increased fund ownership and rising index weights make it more difficult for...
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Replacing Russia: EMEA Stock Screening
We identify stocks in the EMEA region that are filling the void created by Russia's removal from financial markets in 2022.
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UK Energy: Investors Split as Tentative Rotation Begins
UK managers are raising allocations to the Energy sector, driven by buying in BP and Shell PLC. However, the majority of funds remain underweight.
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