China ADRs Secondary Listing - Pipeline Looks Rich, Have Three Years to Move
2020 saw nine companies undertake a secondary listing in Hong Kong, to together raise over US$16bn. We shortlist remaining candidates and look at...
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Kuaishou IPO: Is It Worth Twice the IPO Price?
Kuaishou's grey market price has hit HK$250 per share, slightly more than 2x the IPO price of HK$115. Our analysis suggests that this valuation can...
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Kuaishou IPO: Valuation Insights
Kuaishou will raise proceeds $5.2 billion at the mid-point of the IPO price range of HK$105-115 per share. Overall, we would participate in the IPO...
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Kuaishou Technology Pre-IPO - Updated Forecasts and Valuation
Kuaishou Technology is a content community and social platform that is looking to raise around US$5bn in its Hong Kong IPO. The company is backed...
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Kuaishou IPO: Valuation and Forecast Update
Kuaishou is being valued by the syndicate at $65-91 bn, according to Chinese media reports. We think that a $65 bn valuation is justifiable but...
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