Cancelling CaiNiao's IPO: What It Means for China's Express Sector (+Comment on Implied Valuation)
331 Views17 Apr 2024 07:58
In this insight we discuss the potential impact of Alibaba's decision not to list CaiNiao's shares, and offer a brief comment on the implied valuation of CaiNiao vs rival J&T Global.
What is covered in the Full Insight:
- Cancelling of CaiNiao IPO
- Potential impact on China's express sector
- CaiNiao's re-focus on profitability
- Comparison of CaiNiao's and J&T's valuations
- Alibaba's future plans for CaiNiao
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Top Quartile
Tracking Traffic
Asian Equities Analyst, Logistics & Transport
Price Chart(Sign Up to Access)
- Monthly Chinese Express Tracker | July Volume Growth Eased | Price Declines Moderating (August 2024)29 Aug 2024
- CaiNiao Q1FY Results: Most Interesting Read-Through Is Dramatic Slowdown in X-Border Activity16 Aug 2024
- CaiNiao Q4FY Results: After IPO Withdrawn, Margins Fell | Retention Payments, or Something Else?01 Jun 2024
- CaiNiao's FYQ3: Solid Revenue Growth & EBITA Margin Improvement Distinguish It From Express Peers08 Feb 2024
- Beyond ASP Declines, Additional Dynamic Undermines Yunda | We Explain Roles of STO, BABA, CaiNiao12 Dec 2023
- CaiNiao Smart Logistics Pre-IPO Part 5 | For Better or Worse, J&T IPO Will Impact CaiNiao Valuation14 Nov 2023
x