IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Longsys Electronics H Share Listing (9976 HK): The Investment Case

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Global Equity Research Ltd

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Equity Capital Markets

Shenzhen Longsys Electronics / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shenzhen-longsys-electronics-co-ltd-9ad6ee79-c403-4819-a5df-de95777ae2a7" target="_blank" data-smartkarma-citation="entities:55525:1" rel="noopener">Shenzhen Longsys Electronics (9976 HK)</a> is a branded independent memory product company. It is seeking to raise US$800 million.</li>
<li>I discussed the H Share listing in <em><strong><a href="https://www.smartkarma.com/insights/longsys-electronics-h-share-listing-9976-hk-the-investment-case" target="_blank" data-smartkarma-citation="insights:266146" rel="noopener">Longsys Electronics H Share Listing (9976 HK): The Investment Case</a></strong></em>. </li>
<li>The proposed AH discount of 45.2% (based on the close on 28 August A Share price) is attractive. However, given my bearish fundamental view, I would avoid the listing. </li>
</ul>



Shenzhen Longsys Electronics (9976 HK) is a branded independent memory product company. It is seeking to raise US$800 million.
I discussed the H Share listing in Longsys Electronics H Share Listing (9976 HK): The Investment Case. 
The proposed AH discount of 45.2% (based on the close on 28 August A Share price) is attractive. However, given my bearish fundamental view, I would avoid the listing. 


Longsys Electronics H Share Listing (9976 HK): Valuation Insights