Lufax IPO Initiation: Lost in Transition
We find it hard to be enthused by the Lufax story as its heavily reliant on a sector that has repeatedly been subject to regulatory blows which led...
362 Views
Lufax Pre-IPO - The Positives - Able to Grow Despite the Headwinds
Lufax aims to raise around US$3bn via its US listing. The company is backed by Ping An Group and caters to retail and small business credit needs.
302 Views
Alibaba – Virtually There
*Highlights of Investor Day: Alibaba Group (BABA.US/9988.HK) [Alibaba] held a virtual 2020 Investor Day, where its emphasis was on high quality...
250 Views
Ant Group: The Big Data Opportunity
CreditTech, Ant Group’s credit arm, is one of its key growth areas, accounting for 39% of revenues in 1H20 Zhima Credit (Sesame Credit) acts as...
372 Views
Ant Group IPO: A Good Bargain Against Global Fintech Peers with Healthy Short-Term Upside Potential
Ant’s revenue growth and OP margin look attractive to us in the short-term compared to its global fintech peers. However, we believe Ant’s revenue...
581 Views