Horizon Robotics IPO Trading - More than 55% of the Deal Taken up by Existing Shareholders
Horizon Robotics (9660 HK) raised around US$800m, including over-allocation, in its Hong Kong IPO. In this note, we talk about the trading dynamics.
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[Blue Lotus Daily]:XPEV US/1810 HK/MNSO US/1519 HK/ZTO US/Macro News Update/Travel Market Update
XPEV US faces delivery delays, 1810 HK announces Xiaomi's 3nm smartphone SoC, MNSO US expands stores to Southeast Asia.
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JD.com (JD US): Boycotted by Male Users, Denies Run on JD Finance
JD denies there is a run on JD Finance. Many male users claimed they boycott JD for the invitation of Miss Yang, a talk show celebrity.
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[Blue Lotus Daily]:1585 HK/NIU US/603529 CH/1211HK/1810 HK/XPEV US/NIO US/LI US/Real Estate Industry
Government initiatives like monetized resettlement and trade-in subsidies are driving growth in the real estate and electric vehicle industries,...
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Horizon Robotics IPO - Peers Are Down a Lot, Its Valuation Isn’t
Horizon Robotics is looking to raise up to US$696m in its Hong Kong IPO. We have looked at the company's past performance in our earlier notes, in...
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