HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Pre-IPO Zhongji InnoLight (PHIP Updates) - Some Points Worth the Attention

Pre-IPO Guangdong Topstar Technology (A/H Listing) - Deep Dive the Business Model, Concerns, Outlook

Pre-IPO Shenzhen Longsys Electronics (PHIP Updates) - Some Points Worth the Attention

Pre-IPO COL Global/Chineseall Digital Publishing (A/H Listing)- The Profit Model Is Facing Challenge

Pre-IPO Jintan - About the Business Model, the Risks and the Peer Comparison

Pre-IPO Acrobiosystems (A/H Listing) - The Business and the Outlook

Equity Capital Markets

Easy Click Worldwide Network Technology / Equity Capital Markets

Easy Click Worldwide Network Technology (ECWNT HK)

<ul>
<li>The "service + technology" dual-engine structure constitutes the most valuable strategic depth for Easy Click in the current situation where the overseas marketing service providers are all experiencing intense competition.</li>
<li>The fluctuations in performance do not indicate a deterioration in Easy Click’s operations. Instead, it is the result of the Company using short-term profits to secure long-term strategic depth.</li>
<li>Considering the valuation in Hong Kong stock market is usually 20% to 40% lower than in A-share market, a comfortable P/E range could be 35x-45x (based on forecast in 2026).</li>
</ul>


The "service + technology" dual-engine structure constitutes the most valuable strategic depth for Easy Click in the current situation where the overseas marketing service providers are all experiencing intense competition.
The fluctuations in performance do not indicate a deterioration in Easy Click’s operations. Instead, it is the result of the Company using short-term profits to secure long-term strategic depth.
Considering the valuation in Hong Kong stock market is usually 20% to 40% lower than in A-share market, a comfortable P/E range could be 35x-45x (based on forecast in 2026).


Pre-IPO Easy Click Worldwide Network Technology (A/H Listing) - About the Business and the Outlook