Hong Kong IPOs: Lock-Up Expiries (December 2020 Edition)
There exist the "moral hazard" around the expiry of lock-up periods. In 2020, IPO's have on average underperformed the HSI heading into the lock...
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Litian Pictures Holdings IPO Valuation: Overvalued at 4.3-6.1x Price To Tangible Book Value
Chinese drama series distribution company, Litian Pictures Holdings Ltd (9958 HK) is planning to raise HK$ 192-288m via a Hong Kong IPO. The...
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