Global Healthcare Analyst

Tina Banerjee

Equity research analyst having 15+ years of experience, with an interest on fundamentally strong global healthcare companies. I have been helping investors to find future winners in healthcare space to grow their wealth by focusing on the strength and potential of the business models of the companies. My initiating coverage reports and pitch help investors to know ‘what to buy’, ‘why to buy’, and ‘when to buy’. My clients always remain on top of the sector with the help of my timely and detailed notes on earnings or any news update. I also provide broader view on the entire healthcare sector through periodic thematic reports.

Equity Capital Markets

Shanghai Top Numerical Control Technology / Equity Capital Markets

Shanghai Top Numerical Control Technology (7688 HK)

Shanghai Top Numerical Control Technology

<ul>
<li>Shanghai Top Numerical Control launched its Hongkong IPO aiming to raise up to HK$1.7B (~ US$ 220M). They specialise in production and sales of high-end intelligent manufacturing equipment in China.  </li>
<li>Shanghai Top Numerical Control intends to use the IPO proceeds to enhance R&amp;D capabilities, expansion of sales &amp; marketing network, investment &amp; acquisition, loan repayment and working capital.</li>
<li>The near-term challenge for the company is scaling up the business and also deliver sustainable margins alongside that. We would recommend investors to avoid the issue for now.</li>
</ul>


Shanghai Top Numerical Control launched its Hongkong IPO aiming to raise up to HK$1.7B (~ US$ 220M). They specialise in production and sales of high-end intelligent manufacturing equipment in China.  
Shanghai Top Numerical Control intends to use the IPO proceeds to enhance R&amp;D capabilities, expansion of sales &amp; marketing network, investment &amp; acquisition, loan repayment and working capital.
The near-term challenge for the company is scaling up the business and also deliver sustainable margins alongside that. We would recommend investors to avoid the issue for now.


Shanghai Top Numerical Control IPO: Not Flying High Enough Yet, Future Scale & Margins Key Concerns