bearish

BAIC IPO - Expensive valuation underpinned by aggressive growth assumption amid China Auto market slow down

604 Views17 Dec 2014 10:42
We would avoid the deal.We think that the IPO valuation doesn’t leave enough upside for investors as compared to peer’s valuation. In addition we...
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Ke Yan, CFA, FRM
Asia Pac IPO & Placement Research, China biotech
Aequitas Research
EquitiesEquity Capital MarketsQuantitative Analysis
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  • BAIC IPO - Expensive valuation underpinned by aggressive growth assumption amid China Auto market slow down
    17 Dec 2014
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