Tencent/Netease: Game Approval Rotate to Netease in April
China's NPPA released latest batch of game approval for the month of April. While Tencent didn't obtain any approval, Netease obtained one approval...
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Sichuan Baicha Baidao IPO Trading - Tepid Demand, While Peers Have Corrected
Sichuan Baicha Baidao Industrial (2555 HK) (SBBI) raised around US$330m in its HK IPO. In this note, we talk about the trading dynamics.
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Sichuan Baicha Baidao IPO - Doesn’t Offer a Discount to Peers
Sichuan Baicha Baidao Industrial is looking to raise up to US$330m in its HK IPO. In this note, we talk about valuations.
346 Views
Tencent/Netease: Both Zeroed in March Game Approval
China's game approval process shows higher levels than in 2023, with an accelerated pace resembling pre-tightening, but major companies like...
368 Views
Sichuan Baicha Baidao Pre-IPO - Thoughts on Valuation
Sichuan Baicha Baidao Industrial (SBBI) is looking to raise up to US$300m in its upcoming HK IPO. We have looked at the past performance in our...
445 Views