Weekly Deals Digest (22 Jun) - Santos, PointsBet, Mayne, HKBN, Carta, Nakano, Sanhua, FWD, CaoCao
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
475 Views
Foshan Haitian Flavouring A/H Trading - Very Strong Demand, Weak Price Momentum
Foshan Haitian Flavouring & Food (603288 CH) raised around US$1.5bn (including over-allocation) in its H-share listing. In this note, we talk about...
488 Views
"Buy the Worst" HSI Strategy: Solid Gains in 1H25
​The "Buy the worst" basket outperformed the HSI by 16.7pp YTD, boosted by Chow Tai Fook and Wuxi Biologics, while top performers in 2024 lagged,...
450 Views
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...
350 Views
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...
558 Views