IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Peloton IPO Preview: Riding into Your Home

The Week That Was @ Smartkarma in Korea, Japan, China/HK: Megvii, GSOMIA, Cho Kuk, & Sony

CloudMinds IPO Initiation: Computer Says No

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Megvii Technology / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/megvii-technology" target="_blank" data-smartkarma-citation="entities:28272:1" rel="noopener">Megvii Technology (1737211D HK)</a> is a Chinese AI company best known for its facial recognition platform Face++. It is backed by Ant Financial (15.1% shareholder), <a href="https://www.smartkarma.com/entities/alibaba-group-holding-ltd" target="_blank" data-smartkarma-citation="entities:787:1" rel="noopener">Alibaba Group Holding (BABA US)</a> (14.3% shareholder) and <a href="https://www.smartkarma.com/entities/lenovo-group-ltd" target="_blank" data-smartkarma-citation="entities:13359:1" rel="noopener">Lenovo (992 HK)</a> (1.2% shareholder). Megvii has filed a listing application for a Hong Kong IPO to raise $0.5-1.0 billion.</p><div class="content-highlight"><p>City IoT solutions is the largest revenue contributor and arguably the key growth driver. While City IoT solutions is well positioned in a large growing market, its prospects are tempered by moral concerns around “ethnic profiling software” and large working capital requirements. Overall, we believe Megvii is a decent “new economy” growth story as the positives outweigh the negatives.</p></div>

Megvii Technology (1737211D HK) is a Chinese AI company best known for its facial recognition platform Face++. It is backed by Ant Financial (15.1% shareholder), Alibaba Group Holding (BABA US) (14.3% shareholder) and Lenovo (992 HK) (1.2% shareholder). Megvii has filed a listing application for a Hong Kong IPO to raise $0.5-1.0 billion.City IoT solutions is the largest revenue contributor and arguably the key growth driver. While City IoT solutions is well positioned in a large growing market, its prospects are tempered by moral concerns around “ethnic profiling software” and large working capital requirements. Overall, we believe Megvii is a decent “new economy” growth story as the positives outweigh the negatives.

Megvii IPO 개시: 익명은 더 이상 없습니다