Asia Shorts: Cosco Ship, Kuaishou, Pop Mart, WuXi, Takeda, Kirin, Monex, HMM, NC Soft, Yang Ming
The Insight looks at large short interest movements across HK, Japan, Korea and Taiwan stocks and highlights large increases/decreases in shorts to...
258 Views
An Updated Valuation of the Krafton IPO & Major Recent Events Impacting the Company
We lowered our base case valuation of Krafton by 2% to 455,942 won per share, based on 21.3x EV/EBITDA (2022E). Given the lack of upside, we...
242 Views
Krafton IPO Offering Price/Size Adjustment & Valuation Re-Review
Still, the revised valuation does not seem appropriate in that it still uses distorted net profit and the discount rate doesn't reflect high...
392 Views
FSS's Position on Krafton IPO & The Mood of Foreign Investors Revealed by Mirae Asset
The FSS indeed pays attention to the offering price, but it doesn't have the authority to request a revision. Meanwhile, Mirae Asset argues that...
275 Views
Asia Shorts: Geely, Ganfeng, Pharmaron, Evergrande, Fujitsu, Canon, Renesas, Toshiba, LGD, Doosan
The Insight looks at large short interest movements across HK, Japan, Korea and Taiwan stocks and highlights large increases/decreases in shorts to...
204 Views