Tencent Music IPO – Should You Be Wary of the Controlling Parent?
With Tencent Music (TME US)'s IPO delayed due to market and Spotify (SPOT US) weakness in our view, we have ample time to look at the bear case for...
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Tencent-Backed IPOs: Be Wary as They Often Prove to Be Disasters
Since 2017, Tencent Holdings (700 HK) has notched more tech IPO exits than any venture capital, private equity or corporate investor. In many ways,...
594 Views
X Financial IPO Preview: Good Company, Horrible Timing
X Financial (XYF US) is the largest P2P (peer-to-peer) lending platform offering credit card balance transfer loan products in China. X Financial...
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X Financial Pre-IPO - Starting to Feel the Regulatory Pinch
X Financial (XYF US) plans to raise up to US$250m in its US listing. As it's another China-based P2P lender whose fate remains dependant on the...
341 Views
PBoC Easing/2015 Déjà Vu/ China-US Trade War Intensifies/Xiaomi Flop/Consumer Bonus
China News That Matters PBOC eases monetary policy Markets told to keep calm and carry on More trade war talks Lukewarm ‘tech’ IPO for Xiaomi China...
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