Daily BriefsIndustrials

Industrials: Deewin Tianxia and more

In today’s briefing:

  • Deewin Tianxia IPO – Largest Segment Has Slowed and Generates Bulk of Sales from Related Parties

Deewin Tianxia IPO – Largest Segment Has Slowed and Generates Bulk of Sales from Related Parties

By Clarence Chu

  • Deewin Tianxia (2418 HK) is looking to raise up to US$147m in its Hong Kong IPO.
  • Deewin Tianxia (DT) is a service provider in the commercial automobile service industry in China. 
  • The firm continues to generate the bulk of its revenue from its controlling shareholder and the latter’s associates. 

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