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

Manycore Tech (68 HK) IPO: Valuation Insights

Weekly Deals Digest (12 Apr) - Victory Giant, Huaqin, Manycore, Sigenergy, Global, Olympic, Sankei

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/manycore-tech-inc" target="_blank" data-smartkarma-citation="entities:46412:1" rel="noopener">Manycore Tech (68 HK)</a>, a leading spatial design software provider, has launched an HKEx IPO to raise US$156 million.   </li>
<li>The software product suite centres on Kujiale, a cloud-native spatial design software targeting the Chinese market. It allows users to create 3D renderings of home interior layouts.</li>
<li>The investment case is bearish due to the tepid growth, stagnant market share, early indications of customer retention issues and cash burn.</li>
</ul>



Manycore Tech (68 HK), a leading spatial design software provider, has launched an HKEx IPO to raise US$156 million.   
The software product suite centres on Kujiale, a cloud-native spatial design software targeting the Chinese market. It allows users to create 3D renderings of home interior layouts.
The investment case is bearish due to the tepid growth, stagnant market share, early indications of customer retention issues and cash burn.


Manycore Tech (68 HK) IPO: The Investment Case