Grab SPAC Listing - High on Ambition, Very High on Valuation
On 13th Apr 2021, Grab announced that it plans to go public in the US in partnership with Altimeter Growth Corp at an equity valuation of...
759 Views
Ant Group Overhaul: Difficult to Rule Out Further Government Interventions
On a long-term basis, we are reluctant to buy Alibaba at current prices as we believe the Chinese government’s effort to curtail the power of tech...
368 Views
Alibaba (BABA) Fine – Close, but No Cigar
SAMR's fine on Alibaba is a positive step in the process of resolving regulatory risk, but we are not there yet, in our view; unresolved issues...
446 Views
Linklogis IPO Trading - Decent but Not Hot Demand
Linklogis, a technology solution provider for supply chain finance in China raised around US$1bn in its Hong Kong IPO. Its early investors include...
608 Views
Bairong IPO Trading - Strong Overall Demand but Comes with Large Retail Allocation
Bairong raised around US$508m in its Hong Kong IPO. We have covered various aspects of the deal in our earlier notes. In this note, we will talk...
390 Views