Qingdao Ainnovation Technology Group Watchlist
Qingdao AInnovation Technology Group IPO - Fairly Valued with Mediocre Cornerstones
Equity Capital Markets
244 Views, 17 Jan 2022 21:00
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.