TuanChe IPO Preview: Firing Not on All Cylinders
TuanChe Ltd (TC US) is a leading omni-channel automotive marketplace in China. It has filed for a Nasdaq IPO to raise $150 million. Perhaps due to...
451 Views
SELL NIO –A Dangerous Bet on Chinese EV Target Price: $3 (52% Downside)
Interestingly, despite the choice of listing NIO in the US, to our knowledge the company hasn’t invited any American reviewers to test drive the...
546 Views
NIO (蔚来) Pre-IPO Review - As One Player Looks to Delist, Another One Looks to List
NIO Inc (NIO US) (蔚来) was reported to be raising about US$1.8bn in its upcoming IPO. The company has only just started delivering cars and will...
771 Views
Cango IPO Valuation: Too Early to Tell if There Is No Lemons Problem
Cango Inc/KY (CANG US) announced on Monday its IPO price range of $10-12 per ADS. At the mid-point of the IPO price range, Cango will raise net...
526 Views
Cango IPO Preview: Baffling Strategic Choices
Cango Inc/KY (CANG US) is a leading automotive transaction service platform in China backed by Warburg Pincus (an 18.2% shareholder), Didi Chuxing...
511 Views