J&T Global Express Pre-IPO - PHIP Updates - Managed to Grow but Isn’t Sustainable Yet
J&T Global Express, a global logistics service provider, is looking to raise about US$500m in its upcoming Hong Kong IPO. In this note, we talk...
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J&T Global Express Pre-IPO, Part 5 | Analysis of H123 Performance | Updated EV Estimate US$9.1 Bn
In this insight we analyze the company's H123 performance in China and SE Asia, highlight growing competition from two larger players (SF,...
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Pinduoduo (PDD US): Growth Cadence Matters
We believe the street still significantly underestimates PDD's growth outlook for 2H23 but fails to see a slowdown in FY24. Getting the growth...
790 Views
Shiyue Daotian IPO - PHIP Updates & Quick Thoughts on Valuation
Shiyue Daotian (1892269D CH) is looking to raise up to US$108m in its Hong Kong IPO, after downsizing from an earlier reported float of US$200m.
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J&T Global Express Pre-IPO - The Negatives - Adjusted Sales Growth Was Negative
J&T Global Express won listing approval yesterday. The company is due to file its updated PHIP and will begin marketing in the coming week.
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