Great Wall Motor (2333 HK) - RMB Dual Counter Trading Starts Today, Watch that A-Share Discount
HKD-RMB Dual Counter Trading starts today for 24 HK-listed names. The RMB counter are fully fungible with the HKD line, but not with A-shares. Not...
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Nio Ends Holdout in China’s Auto Price War
Electric-vehicle maker Nio Inc. ended its holdout in China’s car price war and slashed base prices on all of its vehicles by 30,000 yuan ($4,200)...
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Tata Technologies Pre-IPO - Peer Comparison - Middling
Tata Technologies (TATATECH IN) (TT) is looking to raise around US$600m in its upcoming India IPO. In this note, we undertake a peer comparison.
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NIO Inc. (NIO US, BUY, TP US$10.5) Rating Change: Witnessing a Turning Point…UG to BUY
We upgrade to BUY and raise TP to US$ 10.5, due to 1) recovered growth outlook brought by widened customer base; and 2) smaller-than-feared margin...
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China TMT Update June 13-3690.HK/XPEV/NIO-Douyin Gives up Food Delivery Target,NIO Cut Price,G6 Sale
3690.HK: Douyin gives up on its food delivery GTV target for 2023 (+)；XPEV: XPeng G6 gets over 25k orders (+)；Nio: NIO cuts car prices by RMB 30k...
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