ECM Weekly (24 January 2021) - Kuaishou, New Horizon Health, Indigo Paints, Home First Fin, IRFC
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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RLX Technology IPO Trading - We Won't Be Chasing
RLX Technology Inc (RLX US) raised around US$1.4bn in its US listing. RLX is the largest branded e-vapor company in China with a market share of...
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RLX Technology IPO Valuation: Smoore International May Not Be The Perfect Hedge
RLX’s IPO valuation appears to be at a substantial discount to Smoore, a recent HK IPO in the upstream portion of the e-vapour supply chain....
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RLX Technology IPO: Risk of Unknowns
RLX Technology, China’s number one branded e-vapor company with a market share of 62.6%, has announced its indicative pricing range at $8-10 per...
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RLX Technology IPO: Valuation Insights
RLX has launched its IPO to raise net proceeds of $1.0 billion. Overall, RLX is fully priced at the IPO price range and we would be inclined to...
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