China ADRs - A New Act Aims to Put an End to China ADR IPOs
On 27th May 2021, U.S. Senators Marco Rubio and Bob Casey introduced the No IPOs for Unaccountable Actors Act, which aims to prohibit IPO on U.S....
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Full Truck Alliance IPO: In Early Stage of Monetisation
FTA is currently at early stages of monetisation as evident by the lower number of MAUs and paying users of the platform which currently accounts...
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Full Truck Alliance IPO Initiation: A Less than Perfect Delivery
FTA is seeking to raise $1.5 billion through an NYSE listing, according to press reports. We cannot recommend FTA wholeheartedly and inclined to...
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ForU Worldwide IPO: Excuse Yourself
ForU Worldwide is the largest technology-driven road freight transportation platform in China based on revenues in 2020 (Source: CIC).
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ForU Worldwide IPO Initiation: Not ForU
ForU is seeking to raise $500 m through a Nasdaq listing. We think that the business faces several challenges and the financials on a normalised...
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