Daily BriefsFinancials

Daily Brief Financials: Onewo and more

In today’s briefing:

  • Onewo Space-Tech IPO Lock-Up – Company, Parent and Cornerstones Could Eventually Sell

Onewo Space-Tech IPO Lock-Up – Company, Parent and Cornerstones Could Eventually Sell

By Sumeet Singh

  • Onewo (2602 HK) (OST) had raised around US$730m in its Hong Kong IPO in Sep 2022. Its six-month lockup is set to expire soon.
  • OST is a property management service provider in China, primarily owned by China Vanke (H) (2202 HK)
  • In this note, we will talk about the lock-up dynamics and updates since our last note.

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