Hainan Drinda New Energy (A/H IPO) Trading - Tepid Demand, No Over-Allotment

423 Views08 May 2025 08:00
Hainan Drinda Automotive Trim (002865 CH) (HDNET) raised around US$180m via its A/H listing. In this note, we talk about the trading dynamics.
What is covered in the Full Insight:
  • Introduction to Hainan Drinda's IPO
  • IPO Pricing and Demand Analysis
  • Past Deal Performance
  • Current Valuation and Peer Comparison
  • Future Prospects and Analyst Estimates
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