MicroPort MedBot Pre-IPO - Valuation Appears Reasonable but Sentiment Will Weigh
Shanghai MicroPort MedBot Group (MM), a surgical robot company, aims to raise up to US$200m in its Hong Kong IPO. Valuation appears reasonable but...
329 Views
China Education Group Placement - Recent Momentum Is Strong but past Deal Record Isn’t Supportive
China Education Group (839 HK) is looking to raise up to US$154m in its top-up placement. This will be the third placement by the group over the...
318 Views
Kakao Pay IPO - Comparison with Kakao Bank and an Alternate Look at Valuation
Kakao Pay (KP), one of South Korea’s largest payment and financial services apps, aims to raise up to US$1.3bn in its South Korean IPO. In this...
389 Views
China Plans to Strengthen Power of SAMR
The move of antitrust and anti-unfair competition shows China intends to maintain its strict stance on monopolistic and uncompetitive practices in...
241 Views
Coupang: Down 61% From the Peak, Further 60% Downside Is a Possibility
At 0.80x, Coupang’s EV/ (Gross Merchandise Value + Retail Revenue) remains 0.58x, 0.66x and 0.64x above Alibaba’s, JD.com’s and Pinduoduo’s EV/...
345 Views