Lessons From the Next Generation of Moats in the Fast-Casual Restaurant Industry
On the surface, there would appear to be challenging times ahead for the restaurant industry, with year over-over traffic declines across much of...
701 Views
Aequitas: Chery Auto IPO Lockup - US$500m+ Cornerstone Release
Chery Automobile (9973 HK) raised around US$1.2bn in its Hong Kong IPO. The lockup on its cornerstone investors is set to expire soon.
312 Views
CATL IPO Lockup - US$5.3bn Lockup Release, with H-Shares at Significant Premium to A-Shares
CATL (3750 HK) raised around US$5.2bn in its H-share listing in May 2025. The lockup on its cornerstone investors is set to expire soon.
1.8k Views
Seres Group A/H Trading - Demand Wasn’t Very Strong, Close to Fair Value
Seres Group (601127 CH), Â a Chinese NEV manufacturer, raised around US$2.1bn in its H-share listing. In this note, we talk about the trading dynamics.
782 Views
Seres Group A/H IPO Pricing - Thoughts on Valuations
Seres Group (601127 CH), a Chinese NEV manufacturer, aims to raise around US$2bn in its H-share listing. In this note, we talk about the IPO pricing.
798 Views