In today’s briefing:
- Screen Holdings (7735 JP): Export Restrictions Add to Uncertainty
- LianLian DigiTech Pre-IPO Tearsheet
Screen Holdings (7735 JP): Export Restrictions Add to Uncertainty
- Japan’s new restrictions on exports of semiconductor production equipment to China are a potential threat to Screen.
- TSMC’s announcement that 2023 capex is likely to be at the low end of the forecast range is another negative.
- Share price consolidation should continue until guidance is lowered or verified.
LianLian DigiTech Pre-IPO Tearsheet
- Lianlian DigiTech is looking to raise at least US$500m in its upcoming HK IPO. The deal will be run by CICC and JP Morgan.
- LianLian DigiTech is a digital technology company that provides a range of digital payment services and value-added services to customers in China and around the world.
- The firm ranked first among all independent digital payment solution providers in China in terms of TPV in 2022, with a market share of 9.1%, according to Frost & Sullivan.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
