bullish
Tianqi Lithium
Tianqi Lithium H Share Listing: Riding the Wave
Equity Capital Markets
440 Views, 23 Jun 2022 22:14
EXECUTIVE SUMMARY
- Sichuan Tianqi Lithium Industries, Inc. (TIANQI HK) is pre-marketing an H Share listing to raise US$1.0-1.5 billion. It was listed on the Shenzhen Stock Exchange in 2010.
- The H Share proceeds will be used to repay the outstanding Quimica Y Minera Chil-Sp Adr (SQM US) related debt, fund construction costs and working capital
- The fundamentals are strong as Sichuan Tianqi Lithium Industries, Inc (002466 CH) is well-placed to leverage the high lithium prices to deliver growth, margin and cash generation.
detail (7-minute read)
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Arun George
IPOs and Catalysts/Events
Global Equity Research Ltd
Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start...
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