Hashkey Holdings (3887 HK) IPO: Pricing Uncertainties Expensively
HashKey's IPO at HK$6.95 equals 14.9x FY26F P/S, unappealing due to a tiny public shareholder base, crypto volatilities, and a competitive...
415 Views
2026 High Conviction: Meituan (3690 HK) - Contrarian Perspectives
The market's unanimous bearish stance on Meituan creates opportunities in 2026, given its low P/B and high net cash-to-share price. Margins are so...
298 Views
SITC International (1308 HK): A Charming 1H25
SITC Intl just announced a board meeting on 18 Dec to consider a special dividend. It has been consistently rewarding shareholders with special...
505 Views
JD Industrials (7618 HK) IPO: Only Attractive if Priced Cheaply
JD Industrials is China's largest MRO player, but its IPO price of HK$15.5 suggests a high valuation, limiting upside. To make it attractive, it...
410 Views
HK Strategy: Focusing Back on Yields
High-yield HSI constituents have outperformed low-yield ones in the last 4 weeks, reversing the pattern this year. The top 15 will deliver a 6.2%...
293 Views