RoboSense Technology: Premium Multiple Is Not Justified. Long Path To Profitability
RoboSense Technology has recently completed its secondary offering and raised ~HK$1B. In my insight, I discuss relative valuation, competitive...
420 Views
[Blue Lotus China New Consumer Weekly, 6/52] Express Delivery Showed Social Gift Took off During CNY
CNY gift giving boosts express delivery growth, BYD to add ADS to low priced cars, Chinese EV makers engage in price wars with potential financing...
237 Views
Minieye Technology IPO: Valuation Multiples Appear Justified Given Top-Line Growth of 30%+
Minieye Technology, a rapidly growing provider of intelligent driving and cabin solutions in China, is expected to IPO this week. I examine a...
820 Views
Pony AI IPO - Autonomous Valuation
Pony AI (PONY US), an autonomous mobility solutions provider, is looking to raise up to US$195m in its US IPO. In this note, we talk about the IPO...
655 Views
WeRide IPO - Stiff Competition and Bleak Sentiment. Premium Valuation Doesn’t Help
WeRide has since relaunched its US$119m US IPO, having pulled it two months ago. Bosch cornered US$100m of the deal, leaving
830 Views