PonyAI and WeRide Secondary HK Trading - Weakish Demand, WeRide Did Better but Trading Lower
Pony AI (PONY US) raised around US$860m and WeRide (WRD US) raised around US$310m in their HK Secondary offering. In this note, we talk about the...
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BUY/SELL/HOLD: Hong Kong Market Update (October 5)
Materials, Healthcare and Tech sectors continue to lead the Hong Kong Secular Bull Market higher. The tech sector has been re-rating since Alibaba...
608 Views
Didi Global Inc (DIDIY) - Monday, Jun 30, 2025
Didi's stock holds at $4.90 amid management guidance, while potential partnerships with AV companies grow, despite regulatory hurdles for Tesla's...
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Hesai Secondary Trading - Decent Demand, Despite Lack of Correction
Hesai Group (HSAI US) raised around US$530m in its secondary listing in Hong Kong. In this note, we talk about the trading dynamics.
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Hesai Secondary Offering - Stock Hasn’t Corrected Yet
Hesai Group (HSAI US) plans to raise around US$450m in its secondary listing in Hong Kong. In this note, we talk about the deal dynamics.
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