China Auto 2021E Outlook: Winter Is Over
We are bullish on PV sales in 2021E. We estimate China's PV sales will grow by 10% yoy to 22.2mn units. We also estimate China's EV (electric...
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Xpeng Placement: Charging Up
Xpeng is seeking to raise as much as $2.0 billion (at the last close price) through an issue of 40 million ADSs. We remain bullish on Xpeng’s...
299 Views
Li Auto (理想汽车) Placement - Opportunistic but Still a Worth a Bet Among EV Peers
Li Auto Inc. (LI US) is looking to raise about US$1.5bn in its primary follow-on offering. Proceeds raised will be used for R&D purposes and capex.
416 Views
Li Auto Placement: Revving Up
Li Auto Inc. (LI US) is seeking to raise as much as $1.6 billion (at the last close price) through an issue of 47 million ADSs. Overall, we would...
379 Views
2021 High Conviction: LG Corp's Decade-Low Stub
The level for LG Corp is unjustified here. You can use single stock futures to sell LG E, LG H&H, and LGChem. Or there are pockets of borrow for...
428 Views