HKEx (388.HK): A Blockbuster Year 2020; Becoming Regional Leader in Years Ahead; Raise TP to HK$500
We maintain our sanguine view on trading activities and IPO pipeline in Hong Kong market in 2021and raise HKEx TP HKD 500.
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ECM Weekly (13 December 2020) - Vesync, Sino-Ocean, Jacobio, Netjoy, Sea, Xpeng, NIO, and More!
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
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CR Mixc Lifestyle Services (华润万象生活) IPO Trading - Better Demand than Recent Peers' IPOs
China Resources Mixc Lifestyle Services (1209 HK) (CRML) raised US$1.5bn in its Hong Kong IPO, priced at HK$22.30 per share, the top-end of its...
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Sino Ocean Services (6677 HK): Bang In Line
Sino Ocean Services is priced with some semblance of reality yet ~26x FY20E remains a punchy valuation for a company with as yet unproven growth...
317 Views
ECM Weekly (29 November 2020) - JD Health, Evergrande Svcs, CR Svcs, Pop Mart, Nuix and More
A few big IPOs launched in Hong Kong this week, namely, JD Health, Evergrande Services, and CR Mixc Services. Interestingly, the trio drew strong...
309 Views