CX Daily: Why China’s 2023 Fiscal Policy May Be Less Expansionary Than It Seems
Analysis: Why China’s 2023 fiscal policy may be less expansionary than it seems. Xi, Putin call for ‘responsible dialogue’ to end Ukraine crisis.
488 Views
China TMT Update(Mar.23): 3690HK/PDD/BABA - Surplus Meituan Delivery Riders Could Improve Margins
3690HK: Surplus Meituan delivery riders could improve margins (+); PDD: Temu temporarily suspended inventory intake at Guangzhou warehouse(-);...
459 Views
Onewo Space-Tech IPO Lock-Up - Company, Parent and Cornerstones Could Eventually Sell
Onewo (2602 HK) (OST) had raised around US$730m in its Hong Kong IPO in Sep 2022. Its six-month lockup is set to expire soon.
377 Views
Growatt Technology Pre-IPO - Refiling Updates - Still Running Strong
Growatt Technology (1833969D CH) is looking to raise about US$1bn in its upcoming Hong Kong IPO. In this note, we will talk about its refiling...
412 Views
[PDD US]: Slowing Growth but Still Best-In-Class, Cut TP Maintain BUY.
We expect that PDD’s domestic eCommerce will experience slowdown in growth. Temu is likely to grow GMV rapidly with high losses from branding and...
294 Views