Myungshin Industrial IPO Valuation Analysis
Our base case valuation of Myungshin Industrial IPO is 458.6 billion won in market cap or an implied price per share of 8,735 won, which is 51%...
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The Great Tesla Ascension
The Tesla inclusion into the S&P500 is not unexpected. The S&P Global Annual Index Fund Survey suggests the buy is $51bn. As of one day post...
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The Week that Was in ASEAN@Smartkarma - A Digitally Enhanced SE Asia, Cement, and Thai Equities
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
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Tesla: S&P500 Inclusion (Finally) Secured
Tesla has been included in the S&P500 after 5 consecutive quarters of profitability. The passive buying on Tesla will be around US$54bn and the...
383 Views
A Look at Nio’s Operations: BaaS Is the Recent Addition
In this insight, we look at Nio's operations, specifically its new business venture: battery as a service (BaaS), which it will jointly operate...
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