Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>Shipping /In Depth: U.S. targets Chinese shipping to ‘resurrect’ domestic industry</li><li>Social workers /In Depth: The social workers helping patients navigate China’s health care system</li><li>Tesla /: Tesla’s Full Self-Driving trial in China delayed by regulatory checks</li></ul>

Shipping /In Depth: U.S. targets Chinese shipping to ‘resurrect’ domestic industrySocial workers /In Depth: The social workers helping patients navigate China’s health care systemTesla /: Tesla’s Full Self-Driving trial in China delayed by regulatory checks

CX Daily: U.S. Targets Chinese Shipping to ‘Resurrect’ Domestic Industry 

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi Corp (1810 HK)</a> is looking to raise around US$5.3bn via selling 3% additional shares.</li>
<li>The shares have done exceedingly well this year and are now trading at their all time highs.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>



Xiaomi Corp (1810 HK) is looking to raise around US$5.3bn via selling 3% additional shares.
The shares have done exceedingly well this year and are now trading at their all time highs.
In this note, we will talk about the placement and run the deal through our ECM framework.


Xiaomi US$5.3bn Placement - Relatively Small, Strong Momentum but Is Expensive

APAC IPOs & Placements, Aequitas Research

Akshat Shah

APAC IPOs & Placements

Jiangsu Zenergy Battery Technologies / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/jiangsu-zenergy-battery-technologies" target="_blank" data-smartkarma-citation="entities:43855:1" rel="noopener">Jiangsu Zenergy Battery Technologies (JSZENERGY CH)</a> (Zenergy) is looking to raise up to US$300m in its upcoming HK IPO.</li>
<li>Zenergy is an EV and energy storage system battery manufacturer providing integrated battery solutions, encompassing battery cells, modules, packs and battery management systems dedicated to large-scale applications of electrochemical products.</li>
<li>In this note, we talk about the positive aspects of the deal.</li>
</ul>



Jiangsu Zenergy Battery Technologies (JSZENERGY CH) (Zenergy) is looking to raise up to US$300m in its upcoming HK IPO.
Zenergy is an EV and energy storage system battery manufacturer providing integrated battery solutions, encompassing battery cells, modules, packs and battery management systems dedicated to large-scale applications of electrochemical products.
In this note, we talk about the positive aspects of the deal.


Jiangsu Zenergy Battery Technologies Pre- IPO - The Positives - Brisk Volume-Led Growth

Blue Lotus China New Economy Research, Blue Lotus Research Institute

Eric Wen

Blue Lotus China New Economy Research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>China's economic data continued to be mixed. The on-again-off-again patter is here to stay. PBOC's stated policy to follow the US means Trumponomics's next read is critical to China, too;</li>
<li>Whether it is positive or negative to our sector depends on whether the view is half full or half empty. Stimulus will increasingly become irrelevant;</li>
<li>China EV posted strong numbers which cannot be explained by trade-in subsidy alone. Earning flash of Xiaomi, LI and Zeekr. </li>
</ul>


China's economic data continued to be mixed. The on-again-off-again patter is here to stay. PBOC's stated policy to follow the US means Trumponomics's next read is critical to China, too;
Whether it is positive or negative to our sector depends on whether the view is half full or half empty. Stimulus will increasingly become irrelevant;
China EV posted strong numbers which cannot be explained by trade-in subsidy alone. Earning flash of Xiaomi, LI and Zeekr. 


[Blue Lotus China New Consumer Weekly, 12/52] Choice of the Less Evil Between Trumponomics' Outcomes

<ul>
<li>The market reflects on Trump's economic policy to find the rationale behind. Our issue with Steven Miran's proposal of strong -tariff/weak-dollar is whether it will bring back manufacturing to USA; </li>
<li>Child birth policy from the capital of Inner-Mongolia could boost consumption and cost the country only Rmb100bn a year; </li>
<li>BYD launches 1,000 V super charge. Xiaomi and XPEV talking about overseas expansion. LI Auto guided C1Q25 sharply lower.</li>
</ul>


The market reflects on Trump's economic policy to find the rationale behind. Our issue with Steven Miran's proposal of strong -tariff/weak-dollar is whether it will bring back manufacturing to USA; 
Child birth policy from the capital of Inner-Mongolia could boost consumption and cost the country only Rmb100bn a year; 
BYD launches 1,000 V super charge. Xiaomi and XPEV talking about overseas expansion. LI Auto guided C1Q25 sharply lower.


[Blue Lotus China New Consumer Weekly, 11/52] Our First Read of Trumponomics

China

Contemporary Amperex Technology Co., Limited. operates as a battery products manufacturing company. The Company produces and sells power battery materials, energy storage batteries energy storage battery cells, systems, and other products. Contemporary Amperex Technology also provides batteries recycling services.

Contemporary Amperex Technology (CATL) (300750 CH)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Contemporary Amperex Technology (CATL) (300750 CH)

CX Daily: U.S. Targets Chinese Shipping to ‘Resurrect’ Domestic Industry

Shipping /In Depth: U.S. targets Chinese shipping to ‘resurrect’ domestic industry Social workers /In Depth: The social workers helping patients...

Caixin Global

Xiaomi US$5.3bn Placement - Relatively Small, Strong Momentum but Is Expensive

Xiaomi Corp (1810 HK) is looking to raise around US$5.3bn via selling 3% additional shares. In this note, we run the deal through our ECM framework.

Sumeet Singh

Jiangsu Zenergy Battery Technologies Pre- IPO - The Positives - Brisk Volume-Led Growth

Jiangsu Zenergy Battery Technologies is looking to raise up to US$300m in its upcoming HK IPO. In this note, we talk about the positive aspects of...

Akshat Shah

[Blue Lotus China New Consumer Weekly, 12/52] Choice of the Less Evil Between Trumponomics' Outcomes

China's economic data remains mixed, with PBOC closely following US policy. Stimulus may become irrelevant as China's EV sector sees strong growth...

Blue Lotus Research Institute

[Blue Lotus China New Consumer Weekly, 11/52] Our First Read of Trumponomics

Analysis of Trump's economic policy, Inner-Mongolia's child birth policy, and updates on BYD, Xiaomi, XPEV, and LI Auto in the market.

Blue Lotus Research Institute

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

CX Daily: U.S. Targets Chinese Shipping to ‘Resurrect’ Domestic Industry

Shipping /In Depth: U.S. targets Chinese shipping to ‘resurrect’ domestic industry Social workers /In Depth: The social workers helping patients...

Caixin Global

Xiaomi US$5.3bn Placement - Relatively Small, Strong Momentum but Is Expensive

Xiaomi Corp (1810 HK) is looking to raise around US$5.3bn via selling 3% additional shares. In this note, we run the deal through our ECM framework.

Sumeet Singh

Jiangsu Zenergy Battery Technologies Pre- IPO - The Positives - Brisk Volume-Led Growth

Jiangsu Zenergy Battery Technologies is looking to raise up to US$300m in its upcoming HK IPO. In this note, we talk about the positive aspects of...

Akshat Shah

[Blue Lotus China New Consumer Weekly, 12/52] Choice of the Less Evil Between Trumponomics' Outcomes

​China's economic data remains mixed, with PBOC closely following US policy. Stimulus may become irrelevant as China's EV sector sees strong growth...

Blue Lotus Research Institute

[Blue Lotus China New Consumer Weekly, 11/52] Our First Read of Trumponomics

​Analysis of Trump's economic policy, Inner-Mongolia's child birth policy, and updates on BYD, Xiaomi, XPEV, and LI Auto in the market.

Blue Lotus Research Institute

China's economic data remains mixed, with PBOC closely following US policy. Stimulus may become irrelevant as China's EV sector sees strong growth...

Analysis of Trump's economic policy, Inner-Mongolia's child birth policy, and updates on BYD, Xiaomi, XPEV, and LI Auto in the market.