JX Advanced Metals (5016 JP) IPO: Trading Debut
Since the price range was announced, the peers have modestly re-rated. My SoTP valuation of JPY859 is slightly above the IPO price, suggesting the...
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A/H Premium Tracker (To 14 Mar 2025): AH Premia Still Falling; Expect Curve Torsion or AH Widening
AH Premia still falling at a slower pace. Hs outperform As despite HK underperforming A-share blue chips. Lots of AH premia <20%. Vol dropping...
437 Views
JX Advanced Metals (5016 JP) IPO: Price Range Is Fair
My SoTP valuation of JPY860 is modestly above the IPO price range of JPY810-820, suggesting that the price range is fair.
662 Views
JX Advanced Metals (5016 JP) IPO: Valuation Insights
In this note, we discuss valuation. My analysis suggests that JXAM is attractively valued at the IPO price compared to peer multiples.
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China & HK Strategy: Names to Watch for Market Value Management
SASAC issued "Several opinions on improving and strengthening the market value management of listed companies controlled by central enterprises"...
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