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CaoCao

Cao Cao IPO Trading: Weak Institutional Demand; Clawback Triggered

284 Views25 Jun 2025 01:04
Cao Cao raised US$236m in its Hong Kong IPO. We have covered various aspects of the deal in our previous note. In this note, we will talk about the demand and trading dynamics.
What is covered in the Full Insight:
  • Introduction
  • Discussion of Demand and Trading Dynamics
  • Past Deal Performance
  • Valuation Comparisons
  • Conclusion
SUMMARY
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