SF Intra-City Industrial IPO: Valuation Insights
While the valuation is undemanding vs peers, we give the IPO a pass as SF Intra-city offers an unappetizing mix of high growth at the cost of...
372 Views
Weibo Secondary Listing: HK-ADS Premium/(Discount) Views
Considering the weak sentiment on Chinese tech names, we think that Weibo pricing its H-shares at a wider discount of around 4-5% to its ADSs will...
350 Views
Weibo Secondary Listing - Needs to Come at a Discount
Weibo plans to raise around US$500-700m in its secondary listing in Hong Kong. In this note, we talk about the deal and its impact.
392 Views
SF Intra-City Industrial IPO: Delivering Losses
SF Intra-city is pre-marketing an HKEx IPO to raise up to $500 m. The PHIP continues to show that it offers an unappetizing mix of high growth at...
329 Views
ANE Logistics IPO Trading - No Demand, We Would Stay Clear
ANE, an express freight network operator in China for less-than-truckload (LTL) market, raised around US$143m in its Hong Kong IPO. The company is...
360 Views