Cancelling CaiNiao's IPO: What It Means for China's Express Sector (+Comment on Implied Valuation)

222 Views17 Apr 2024 07:58
In this insight we discuss the potential impact of Alibaba's decision not to list CaiNiao's shares, and offer a brief comment on the implied valuation of CaiNiao vs rival J&T Global.
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Asian Equities Analyst, Logistics & Transport
China & TaiwanIndustrialsEquity Bottom-UpThematic (Sector/Industry)
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