Not All EV Makers Are Reaping the Rewards of Macro Stimulus
NIO and XPEV intensified promotions during C3Q24 while LI moderated them. But we see LI possibly ramping up its promotion to stir up demand in...
309 Views
Hesai Group Pre-IPO - The Negatives - Margins Remain Under Pressure
Hesai Group (HSAI US) is looking to raise at least US$100m in its upcoming US IPO. In this note, we talk about the not-so-positive aspects of the...
440 Views
Leapmotor Pre-IPO - Thoughts on Valuation
Leapmotor (LM) aims to raise around US$1.5bn in its Hong Kong IPO. LM is a smart EV company based in China, founded in 2015. In this note, we talk...
576 Views
WM Motor Holding IPO - The Negatives - Has Ample Issues to Contend With
WM Motor Technology Co Ltd (WMT CH) is looking to raise about US$1bn in its upcoming Hong Kong IPO. In this note, we talk about the not-so-positive...
468 Views
Dubious Delisting Deals: New Sports, LEAP, China Singyes Solar
My colleagues strive to cover M&A transactions in Asia-Pac - and further afield - with a market cap >US$100mn and/or when liquidity or the...
741 Views