JL Mag Rare-Earth Co Ltd

JL Mag Rare Earth A/H Trading - Set for a Tepid Debut

Equity Capital Markets
201 Views, 13 Jan 2022 11:27
EXECUTIVE SUMMARY
  • JL Mag Rare-earth Co. Ltd (JLM) raised around US$544m via its H-shares listing. 
  • JLM is a producer of high-performance REPMs. It ranked first in the world by high-performance REPM production volume in 2020 with a market share of approximately 14.5%.
  • In this note, we look at the allocation results and trading dynamics.
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

Head of IPO & Placements for Aequitas Research. At Aequitas we cover all IPOs and placements across Asia-Pac with a deal... 

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