The Rising Tide

A blog by the Smartkarma investment research network for asset managers, independent research providers & listed companies.
Request a Free Trial

Latest Posts

How Gregory Yap from Sunpower Group is taking Investor Relations to the Next Level

Smartkarma is running the C-Suite Pilot Program in partnership with SGX. Read what Gregory Yap from Sunpower Group had to share. Hi Greg! Could you give a quick intro to yourself and your role at Sunpower Group? Hello! I’m Sunpower’s Investor Relations representative in Singapore. Together with my colleague Ms Winnie Lyu in China, we interact extensively […]

DM Wenceslao IPO Preview: Conspicuous Growth

DM Wenceslao IPO Preview: Conspicuous Growth DM Wenceslao and Associates Inc. (DM Wenceslao) is an integrated property developer with a track record in land reclamation, construction, and real estate development. DM Wenceslao is expected to raise approximately US $300M, and is priced at PHP 12 per share (the low-end of the IPO price range). Listing Date: […]

Uxin IPO: A Struggling Leader

Uxin IPO: A Struggling Leader The largest used-car e-commerce platform in China, Uxin Ltd (Uxin), is listing today on NASDAQ. At one point, the IPO was targeting a possible capital raise of US$475mm based on an IPO Price of US$10.50-12.50/share, but news today suggests a deal downsized to $225mm, priced at US$9/share, almost 15% below […]

Xiaomi IPO Preview: Hoping For a Fair Valuation

Xiaomi IPO Preview: Hoping For a Fair Valuation Xiaomi Corporation (Xiaomi), a Chinese firm best known for making feature-laden but affordable smartphones, has been approved by HKSE and is expected to be the largest-ever tech IPO in Hong Kong. Listing Hearing Date: June 7, 2018 Estimated Listing Date: around July 9, 2018 Aggregate Sentiment from […]

Huifu Payment IPO Preview: Pros and Cons

Huifu Payment IPO Preview: Pros & Cons Huifu Payment (Huifu) is the first third-party payment service provider to build an independent sales organisations (ISO) network, to distribute its point-of-sale (POS) services in 2012. It is backed by Bain Capital (22.5% shareholder) and Fidelity International (12.3% shareholder). Huifu is raising about US$200M in the upcoming IPO. […]

Why Most Listed Companies Are Unlikely To Get Bank Research Coverage

  Why Most Listed Companies Are Unlikely To Get Bank Research Coverage Written by Anisha Kundu C-Suite Lead, Smartkarma This graph highlights 93% of the companies listed on Singapore Stock Exchange (SGX), mapped out based on market cap and analyst coverage. What stands out? The larger a company’s market capitalisation, the greater the analyst coverage. […]

Spotify’s IPO & Direct Listing on the NYSE, will Uber and Airbnb be next?

  Spotify’s IPO & Direct Listing on the NYSE, will Uber and Airbnb be next? Written by Toh Zhen Zhou IPO & Placements Specialist, Smartkarma Read more of Zhen Zhou’s work by clicking here! The announcement of Spotify’s direct listing on NYSE on the 3rd of January 2018 has sent Wall Street into a flurry […]

Why Coverage isn’t the only measure of research depth.

  Why Coverage isn’t the only measure of research depth. Written by Mark Artherton Senior Content Strategist, Smartkarma Read more of Mark’s work by clicking here! What is your coverage?  This question gets asked a lot about investment research.  It’s a quick and easy way to figure out the resources that a supplier of research wields.  […]

Has Passive Investing Peaked?

  Has Passive Investing Peaked? Written by Warren Yeh Head of US, Smartkarma The first book I ever read on investing was Burton Malkiel’s “A Random Walk Down Wall Street”, originally published in 1973 and considered by many to be the Bible of passive investing.  By the time I read it in the early 80’s, […]

Singapore Must Think like a Platform to Thrive as a Digital Hub

    Singapore Must Think like a Platform to Thrive as a Digital Hub Co-written by Tan Chin Hwee CFA, CA CEO-Asia Pacific, Trafigura Tan Chin Hwee and Sangeet Paul Choudary For The Straits Times With physical trade possibly declining, Singapore can expand and license its digital trade platform to global users. It can become […]

Try Smartkarma for Yourself