Shengjing Bank (2066 HK): A Light Conditional VGO and Delisting Proposal
The offer is low-balled by most measures, and the satisfaction of the minimum acceptance condition is the key risk. There is a chance of a bump, as...
711 Views
Shengjing Bank (2066 HK): Privatisation on the Cards?
Shares are in a trading halt. Precedents point to a voluntary conditional offer and delisting proposal. My estimated offer price range is HK$2.00...
768 Views
Chinese RCBs: Two Bailouts. How Many More At Risk?
This is largely an objective insight. There can be no guarantee/certainty why one bank may need to hoist the white flag, while another does not....
509 Views
China Consumption Weekly (6 Jan 2025): Alibaba, BYD, Tencent Music, JD.com, Mixue
Alibaba’s Freshippo remained profitable in the past nine months. Brazil authorities is investigating BYD’s “slave-like condition”. Tencent Music...
704 Views
Weihai City Commercial Bank IPO Trading - Lacks Demand but Tightly Allocated
Weihai City Commercial Bank (WECCBZ CH)Â (WCCB) aims to raise around US$397 via its Hong Kong listing. This is around half the size of what was...
453 Views