Kakao Pay Lockup Expiry - US$1bn Overhang from Alipay
Alipay will come out of its placement linked lockup for its remaining stake in Kakaopay (377300 KS) today. Alipay will once again be free to...
619 Views
China Consumption Weekly (3 Jun 2024): Alibaba, Alibaba Pictures, Li Auto, JD.com, JD Health
Alibaba Pictures’ revenue increased by 44% YoY in the March quarter. Alibaba’s Cainiao plans to purchase fresh food from the places of origin. Li...
564 Views
Shulan Health Management Pre-IPO - Still Ramping up but Only a Small Player
Shulan Health Management (1807987D CH) is looking to raise around US$150m in its Hong Kong IPO. In this note, we talk about the firm’s historical...
536 Views
TBO Tek IPO Trading - Has One of the Highest Subscription Rates so Far This Year
TBO Tek (0395045D IN) raised around US$186m in its India IPO, after pricing the deal at the top end of the range at INR920/share.
426 Views
Shouhui Tech Pre-IPO - Profitability Recovered but Hardly Stands Out as a Middleman
Shouhui Tech (SHOU HK) is looking to raise around US$200m in its upcoming Hong Kong IPO. In this note, we talk about the firm’s historical...
561 Views