Horizon Robotics Placement - Another Opportunistic Raising
Horizon Robotics raised around US$800m in its Hong Kong IPO in Oct 2024 and another US$600m via a placement in June 2025. It’s back again to raise...
1k Views
Chery Auto IPO Trading - Half Decent Demand
Chery Automobile (9973 HK) raised around US$1.2bn in its Hong Kong IPO. In this note, we talk about the trading dynamics.
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Chery Automobile IPO (9973 HK) IPO: Trading Debut
The IPO was priced at the top of the IPO range. The market sentiment of the peers has declined since the IPO launch. Chery Auto is fairly valued at...
547 Views
Chery Auto IPO (9973.HK): Modest Potential Upside, Geely Auto Screens As a Good Comparison
Chery Auto successfully completed its IPO in Hong Kong and raised more than US$1B. I see modest potential upside vs. IPO price of HK$30.75/share...
780 Views
Merger Arb Mondays (22 Sep) - Technopro, Soft99, Mandom, Pacific Ind, Dongfeng, Shengjing, Smartpay
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
631 Views