Primer: Suplay (SUPLAY HK) - Aug 2026
Suplay is a prominent player in the IP-driven collectibles market in China, with a strategic shift towards higher-margin collectible cards...
86 Views
Pre-IPO Suplay - The Business Model, Peer Comparison and the Outlook
āSuplicy's lower revenue and profitability compared to Kayou lead to limited cost-sharing capabilities and scale effects, while Pop Mart's strong...
215 Views
Pre-IPO Sunny & Sandy (Hunan) Group - Deep Dive the Business Model, Concerns, Thoughts on Valuation
Sunny & Sandy shows IP toys as scalable business with efficient "MIXUE-style" expansion strategy for rapid growth, while Pop Mart's high-barrier IP...
148 Views
Aequitas: ECM Weekly (19 January 2026)- Montage, Eastroc, Longcheer, Busy Ming, Sunway, Amagi, Wuxi
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.
275 Views