To the chagrin of investors bullish on Tesla Motors’ (TSLA US) (“Tesla” or the “Company”) prospects, and to the delight of those bearish on the Company’s equity valuation and the prognosis for its business going forward, the Securities & Exchange Commission (“SEC”) alleged in a court filling in the New …

Niu Technologies (“Niu” or the « Company”), an all-electric scooter maker from China, has filed a registration statement with the SEC to sell equity securities in the form of American Depository Receipts. Niu is coming to the market at an interesting time given the recent IPO of NIO Inc (NIO …

In ANTYA’s view, it is now an opportune time to place bearish bets on Tencent Holdings (700 HK) not only because of the global macro backdrop, but more importantly due to the notice issued by the Chinese Ministry of Education on August 30, 2018, titled “Implementation Plan for the Prevention …

NXP Semiconductor N.V. (“NXPI”, or the “Company”) held its investor day on September 11, 2018, after a hiatus of two years. In the intervening period the entertaining saga involving Qualcomm, Broadcom Limited (AVGO US) and Elliott Advisors played out without providing an ending that pleased anyone. As discussed in our …

Elon Musk (“Musk”), the chief evangelist for Tesla Motors (TSLA US) ( “Tesla” or the “Company”) took one puff of marijuana on youtube, and all hell broke loose. For the uninitiated, marijuana use is legal in California and many other U.S. States, although federally in the U.S., it is still …

Elon Musk, CEO of Tesla Motors (TSLA US) (“Tesla” or the “Company”) admitted failure in his haphazard attempt at taking Tesla private. In a blog post on the Company’s website, Musk outlined three key reasons for staying a public corporation, all of which were evident to many commentators and a …

Alibaba Group (“Baba”) reported its Q2-18 results before U.S. markets opened for trade in August 23, 2018. At this juncture, we refrain from commenting on Baba’s results and its outlook. Instead, we gleaned additional information on the logistics business and plans for the segment going forward, and its likely impact …

Xiaomi Corp (1810 HK) (“Xiaomi” or the “Company”) reported its first-quarter as a public Company after the close of the Hong Kong market on August 21, 2018. Given the massive PR campaign surrounding the IPO to drum up investor interest in subscribing both to Xiaomi’s shares and its brand of …

On August 19, 2018, Reuters broke an exclusive story suggesting that PIF, the Saudi Arabian sovereign wealth fund, was in talks to invest in an electric vehicle start-up called Lucid Motors Inc. (“Lucid”) based in California. The story highlights that PIF and Lucid Motors have drawn up a term-sheet under …

NIO Inc. (“NIO”, or the “Company”) intends to raise US$1.8 billion from prospective investors in the United States to execute on its vision of becoming a meaningful player in the Chinese Battery Electric Vehicle (“BEV”) marketplace. NIO’s plan is to focus on the all-electric mid-range SUV segment, 5-seater, and 7-seater, …

Meituan Dianping (“MD” or the “Company”) is undertaking an IPO at a very precarious time in global trade and capital flows. President Trump’s “America First” agenda could be a red herring or result in a real policy shift. It is hard to tell! So far investors seem to believe in …

Tesla Motors (TSLA US) (“Tesla” or the “Company”) once again defied skeptics by reporting acceptable financial results that appear to have been unanticipated by disbelieving investors. While the aftermarket surge is not necessarily an indicator of what’s to come next week or next month, reported financial disclosures and management commentary …

ANTYA’s previous opinion on NXP Semiconductors NV–An Intriguing Investment proved prescient from the vantage point of an opinion piece, but less than useful for investors looking to make a bet on a positive outcome, since May 13, 2018, the day we published our opinion was a Sunday, and in the …

Broadcom Corp Cl A (BRCM US) (“Broadcom” or the “Company”) surprised equity markets by announcing a bid for CA Technologies (“CA”) after markets closed on July 11, 2018. If the aftermarket reaction of investors to the deal is any indication, few are cheering. After a down day in the markets, …

ANTYA has always been wary of media reports highlighting or even forecasting Xiaomi Corporation’s (“Xiaomi” or the “Company) valuation prior to the IPO as if it were gospel. The media stories seemed to be leading investors to a pre-determined outcome. If the CDR had succeeded perhaps all that advertising and …

Xiaomi Corp’s (1810 HK) (“Xiaomi” or the “Company’) current stock offering of 1.434 billion shares from the treasury and 745.14 million shares from the existing shareholders and an over-allotment option of 326.94 million shares has the market on edge. More details about the offering are available in Xiaomi IPO Review …