bearish

Mirxes IPO: Valuation Without Sensible Fundamentals

Ke has highlighted this Insight as a Top Pick
917 Views15 May 2025 10:08
​Singapore biotech company Mirexes launches IPO in Hong Kong to raise up to $139m, but little fundamentals support the valuation, even in blue sky scenario.
What is covered in the Full Insight:
  • Introduction to Mirxes IPO
  • Market Dynamics: Early Cancer Screening in China
  • Detailed Deal Terms
  • Cornerstone Investors and Strategic Implications
  • Critical Analysis and Investment Recommendation
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 2-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
Ke Yan, CFA, FRM
Asia Pac IPO & Placement Research, China biotech
Aequitas Research
EquitiesEquity Capital MarketsQuantitative Analysis
Price Chart(Sign Up to Access)
analytics-chart
x