ECM Weekly (24th Feb 2025) - JX Advance, Mixue, Hexaware, Geekplus, Trualt, Goodman, Xtalpi, Hyundai
Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
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MIXUE Group (2097 HK) IPO: Reasonably Attractive Pricing
MIXUE's IPO is attractive, priced below China's peer average with a potential for at least 20-30% upside post-IPO. Opportunity to participate in...
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Mixue Group IPO: The Good, The Bad and Valuations
Mixue’s upcoming IPO valuations appear attractive, given robust growth track record, even amid a slowdown, and cost advantages that underpin long...
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MIXUE Group (2097 HK) IPO: The Bear Case
The bear case rests on unsustainable growth rates, pressure on KPIs, bottom-tier R&D spending, high capex intensity, and bottom-tier FCF generation.
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Weekly Deals Digest (23 Feb) - JXAM, Canvest, CNBM, Tam Jai, Proto, Domain, Mayne, SG Fleet
A weekly summary of key developments across ECM and Event-Driven names across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia,...
527 Views