Quam Securities

Since its inception in 1986, Quam Securities Limited (Quam Securities) has grown to become one of the few mid-tier securities brokerages in Hong Kong with global execution capabilities for both private and institutional clients. It boasts a well-established network in Greater China including Taiwan and in major world markets through the Global Alliance Partners (GAP). Quam Securities is well-positioned not only to harness and drive business within the China Tonghai International Financial Limited but also between China and the world markets.

Research from Quam Securities

Research from Quam Securities, Quam Securities

Quam Securities Research

Equity Bottom-Up

<div><div><div><div><ul><li>Level Style is a one-stop-shop apparel supply partner that provides supply chain solutions in multiple apparel categories for notable brands across the U.S., Europe and APAC.</li><li>The company has been quickly expanding their businesses through several successful M&amp;As and achieved a 21%/35% CAGR in revenue / adj. earnings in 2019- 2022.</li><li>Although we believe 2023 to be a difficult year for the apparel industry, we expect Lever Style shall be able to overcome the difficult period, given its solid track records, healthy financial position and the diversified customer base. </li></ul></div></div></div></div>

Level Style is a one-stop-shop apparel supply partner that provides supply chain solutions in multiple apparel categories for notable brands across the U.S., Europe and APAC.The company has been quickly expanding their businesses through several successful M&amp;As and achieved a 21%/35% CAGR in revenue / adj. earnings in 2019- 2022.Although we believe 2023 to be a difficult year for the apparel industry, we expect Lever Style shall be able to overcome the difficult period, given its solid track records, healthy financial position and the diversified customer base. 

Lever Style (1346 HK) - Brand Apparel’s One-Stop-Shop