Qingdao Ainnovation Technology Group

Qingdao AInnovation Technology Group IPO - Fairly Valued with Mediocre Cornerstones

Equity Capital Markets
244 Views, 17 Jan 2022 21:00
EXECUTIVE SUMMARY
  • Qingdao Ainnovation Technology Group Co Ltd (1853807D CH) is looking to raise up to US$157m in its Hong Kong IPO.
  • Qingdao AInnovation Technology Group is an AI solutions provider offering full-stack AI-based products and solutions. 
  • While we don’t have a fundamental issue with the listing, at asking valuations, the firm appears to be fairly valued with limited upside on its FY23 numbers. 
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Clarence Chu
APAC IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our t... 

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