ENTITY

CaoCao (2643 HK)

22
Analysis
Consumer DiscretionaryChina
CaoCao Inc. develops and manages an online car hailing service platform. The Company provides personal car hailing, group car hailing, reserved car hailing, safe car hailing, airport pick up and drop off, half day rental, and other services. CaoCao also offers autonomous driving technology development services.
more
bearishCaoCao
25 Jun 2025 09:04

Cao Cao IPO Trading: Weak Institutional Demand; Clawback Triggered

Cao Cao raised US$236m in its Hong Kong IPO. We have covered various aspects of the deal in our previous note. In this note, we will talk about the...

Logo
288 Views
Share
bearishCaoCao
25 Jun 2025 08:44

CaoCao IPO: Forecasts and Valuation

CaoCao will debut on he HKEx today offering 44.2m shares at a final IPO price of HK$41.9 per share. The HK offering is oversubscribed by 21.1x...

Share
bearishCaoCao
18 Jun 2025 00:37

CaoCao IPO: Improving Financials but In Need of Cash

CaoCao plans to raise US$237m through HKEx IPO. The company's earnings have seen strong improvement during the last 2-years, however, debt-to-total...

Share
bearishCaoCao
17 Jun 2025 16:32

CaoCao IPO (2643 HK): Valuation Insights

In this note, I present my forecasts and discuss valuation. My analysis suggests that CaoCao is at best fairly valued at the offer price....

Logo
347 Views
Share
bearishCaoCao
17 Jun 2025 15:38

Cao Cao Pre-IPO: Grossly Overvalued

Cao Cao is looking to raise up to $236m in its upcoming Hong Kong IPO. It is a ride hailing platform in China. In this note, we examine the IPO...

Logo
412 Views
Share
x