Shimao Services: KWG Living-Like Valuation; Parent Trading Rich
Shimao Property's trades at a significant premium to the implied P/B for property developers, net of their management services investment holding.
431 Views
Lufax IPO Valuation: The Risk-Reward Profile Does Not Justify the Premium
In this insight, we evaluate the attractiveness of Lufax's IPO valuation compared to its peers. We believe the company shares are overvalued and...
561 Views
ECM Weekly (25 October 2020) - Ant Group, Lufax, JW Thera, Shimao Svcs, GDS Secondary, Nanofilm
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs. This week...
884 Views
Shimao Services IPO: Another Property Management Services Company with Good Potential
We deep dive into Shimao Services' business model, financials and valuation to assess the attractiveness of its business and IPO.
646 Views
Shimao Services IPO: Valuation Insights
At the proposed IPO price range of HK$14.80-17.20 per share, Shimao will have a market cap of $4.5-5.2 billion. Our valuation analysis suggests...
480 Views