bearish•Horizon Construction Development•24 May 2023 13:52
Horizon Construction Dev IPO Trading - Subscription Rates Still Weak, Despite Cornerstone Support
Horizon Construction Development (1887128D HK) raised around US$210m in its Hong Kong IPO. In this note, we will talk about the trading dynamics...
bearish•Horizon Construction Development•14 May 2023 12:30
Horizon Construction Development IPO - Peer Comparison & Thoughts on Valuation
Horizon Construction Development (1887128D HK) is looking to raise US$223m in its upcoming Hong Kong IPO. In this note, we undertake a quick peer...
bearish•Horizon Construction Development•12 May 2023 14:38
Horizon Construction Development IPO: Valuation Insights
Our valuation analysis suggests that HCD is fully priced at the IPO price range. Therefore, we are inclined to pass on the IPO.
bearish•Horizon Construction Development•27 Apr 2023 10:00
Horizon Construction Dev Pre-IPO - Refiled PHIP Updates - Affected by COVID-19 & Fueled by More Debt
Horizon Construction Development (1887128D HK) is looking to raise US$250m in its upcoming Hong Kong IPO. In this note, we take a look at the...
bearish•Horizon Construction Development•26 Apr 2023 22:52