Qualcomm’s Weird AI Announcement
Qualcomm's heavy reliance on the mobile market poses a vulnerability, with efforts to diversify into other markets like auto. New AI chips...
638 Views
Pony AI Secondary HK Offering - Needs to Correct Some More
Pony AI (PONY US) plans to raise around US$825m in its secondary listing in Hong Kong. In this note, we talk about the deal structure and pricing.
616 Views
Briefing. Netflix's Shift in Focus, Intel Shows Signs of Life, Could Yelp Save Airbnb's Services?...
Equities rally as news of Trump-Xi summit boosts investor confidence, while Netflix reports strong revenue growth driven by subscriber gains and ad...
418 Views
Horizon Robotics IPO Lockup - Last of the Lockups, Large Pre-IPO Investors Still Holding On
Horizon Robotics (9660 HK) raised around US$800m in its Hong Kong IPO in October 2024. Its first set of lockups expired in April 2025. The next one...
894 Views
WeRide Secondary HK Offering - Is Relatively Cheaper but Lacks Momentum
WeRide (WRD US) plans to raise around US$350m in its secondary listing in Hong Kong. In this note, we talk about the deal dynamics.
737 Views