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.
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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...
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Yatsen IPO Trading - A Little More Pricey Now
Yatsen Holding raised around US$617m in its US IPO, by pricing its IPO at the top-end of its range. The company is backed by Hillhouse, Tencent and...
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Xpeng (XPEV.US): New Star Rising
By using Tesla's peak P/S rate of 16x happened when it net profit turned positive, Xpeng's fair value stands at US$71 for the next 12 months. Xpeng...
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China EV: New Era, Smart Era!
With more EV brands launching their flagship models, market recognition on EV cars is changing and differentiating from ICE cars in China....
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