WeRide Secondary HK Offering - Has Been Trading Up, Given the Valuation Gap
WeRide (WRD US) plans to raise around US$325m in its secondary listing in Hong Kong. In this note we talk about the deal structure and pricing.
598 Views
Pony AI Secondary HK Offering - Needs to Correct Some More
Pony AI (PONY US)Â Â 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
Sany Heavy Industries A/H Trading - Strong Insti, Weak Retail. Pricing Still Tight
Sany Heavy Industry (600031 CH), raised around US$2.0bn in its H-share listing. In this note, we talk about the trading dynamics.
548 Views
ECM Weekly (27 October 2025)- Sany, Seres, PonyAI, WeRide, CIG, JST, Lenskart, Horizon, CRB
Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
639 Views
BYD (1211 HK) And JD.com (9618 HK) Lead Expected Swings as 27% of HSI Reports Before Month-End
Spot the Swing: Some of Hong Kong’s biggest names — HSBC, Ping An, Bank of China, ICBC, China Construction Bank, BYD, and AIA Group — report this...
675 Views