China Youran Dairy(悠然牧业) IPO - Reasonable Valuation but There Will Be Significant Overhang

China Youran Dairy(悠然牧业) IPO Trading - Weak Demand

Youran Dairy(悠然牧业) IPO Lock-Up - Pre-IPO Investors Still Sitting in the Money Even After 41% Decline

China Youran Dairy(悠然牧业) Pre-IPO - PHIP Updates - Much Better Disclosure

China Youran Dairy(悠然牧业) Pre-IPO - A Leader Pulling Ahead in a Fragmented Market

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

China Youran Dairy Group Ltd / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/china-youran-dairy-group-ltd" target="_blank" data-smartkarma-citation="entities:31075:1" rel="noopener">China Youran Dairy Group Ltd (1836774D CH)</a>  is looking to raise up to US$500m in its upcoming Hong Kong IPO. </p><div id="ember1586"><div id="ember1593">
<div><p>CYD is an integrated provider of products and services in the upstream dairy industry. The company is a leader in the various upstream industries that it operates in even though they are mostly fragmented.</p></div>
<div><p>In this note, we will look at the industry landscape and compare CYD to Hong Kong listed peers.</p></div>
<div><p>We have previously covered the IPO in:</p></div>
<div><ul style="list-style-type: disc;">
<li><a href="https://www.smartkarma.com/insights/china-youran-dairy-pre-ipo-a-leader-pulling-ahead-in-a-fragmented-market" target="_blank" rel="noopener">China Youran Dairy(悠然牧业) Pre-IPO - A Leader Pulling Ahead in a Fragmented Market<br></a></li>
<li>
<a href="https://www.smartkarma.com/insights/china-youran-dairy-pre-ipo-phip-updates-much-better-disclosure" target="_blank" data-smartkarma-citation="insights:51794" rel="noopener">China Youran Dairy(悠然牧业) Pre-IPO - PHIP Updates - Much Better Disclosure</a> </li>
</ul></div>
</div></div>

China Youran Dairy Group Ltd (1836774D CH)  is looking to raise up to US$500m in its upcoming Hong Kong IPO. 
CYD is an integrated provider of products and services in the upstream dairy industry. The company is a leader in the various upstream industries that it operates in even though they are mostly fragmented.
In this note, we will look at the industry landscape and compare CYD to Hong Kong listed peers.
We have previously covered the IPO in:

China Youran Dairy(悠然牧业) Pre-IPO - A Leader Pulling Ahead in a Fragmented Market 

China Youran Dairy(悠然牧业) Pre-IPO - PHIP Updates - Much Better Disclosure 



China Youran Dairy(悠然牧业) Pre-IPO - Peer Comparison - Youran Is the Leader