Huitongda

Huitongda (汇通达) Pre-IPO - PHIP Updates and Competitive Landscape

Equity Capital Markets
218 Views, 12 Jan 2022 09:33
EXECUTIVE SUMMARY
  • Huitongda (1566215D CH) is looking to raise up to US$500m in its upcoming Hong Kong IPO.
  • While the numbers from the growth of member stores look promising, it did not translate to stronger revenue from member stores and HTD did not give a clear explanation.
  • In this note, we look at PHIP updates and competitive landscape.
detail (6-minute read)
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Clarence Chu
APAC IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our t... 

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